ECB: Climate Protection To Be Given A Big Boost
The ECB has decided on a comprehensive plan to further incorporate climate change considerations into its monetary policy. A package of measures is to be implemented by 2024. Companies are required to disclose their climate risks in order to qualify for corporate asset purchases. For its own corporate bond portfolio, the ECB is likely to define criteria in the medium term that take climate protection aspects into account. The climate agenda is not taking over monetary policy completely; rather an appropriate mix of measures are being adopted to address climate policy challenges
Register or log in to continue reading. Investment Officer is an independent journalism platform for professionals working in the Luxembourg investment industry.
A subscription is free for professionals working at banks and independent asset managers.