Frank Elderson: Overcoming the tragedy of the horizon: requiring banks to translate 2050 targets into milestones

Frank Elderson: Overcoming the tragedy of the horizon: requiring banks to translate 2050 targets into milestones

Speech

Frank Elderson: Overcoming the tragedy of the horizon: requiring banks to translate 2050 targets into milestones

Keynote speech by Mr Frank Elderson, Member of the Executive Board of the European Central Bank, at the Financial Market Authority's Supervisory Conference, Vienna, 20 October 2021.The views expressed in this speech are those of the speaker and not the view of the BIS.

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