Archive

Climate risk 'no longer tragedy of the horizon' says ECB note as it models 5% hit to GDP

Climate change is no longer "the Tragedy of the Horizon" but an imminent danger, a note by the European Central Bank (ECB) warned, as its 'short-term' scenario analysis showed potential for a huge 5% hit to eurozone GDP from extreme physical climate risks.

What do reduced regulatory reporting demands mean for the future of ESG data?

As regulators pull back from some of their ESG reporting demands, it creates space for a market-led discussion on what data investors want, writes Michael Hurley

ECB adds nature-related risk reference for first time in monetary policy strategy

The European Central Bank (ECB) has identified nature degradation alongside climate risk for the first time in its monetary policy strategy, signalling that it is a topic it is monitoring for impacts on price stability in the Eurozone.

Quantitative tightening hampers ECB carbon tilting efforts

The European Central Bank (ECB) said its shift from quantitative easing to tightening has brought an end to its efforts to apply a climate tilt to its corporate bond portfolio.

ECB's Lagarde calls for more adaptation finance, warning floods will leave 'regions uninsurable'

From Jennifer Forrest in Monaco

Reducing scope of CSRD would hinder ECB's work on climate, it warns EU

Space agency launches 'Earth observation' data initiative to propel nature finance

Financial institutions, corporates and academics have begun work to identify the best ways to use 'Earth observation' data to propel nature-positive finance toward the $540 billion of annual investment needed to meet international targets.

ECB urged to use 2025 policy review to 'green' its asset purchases

EIOPA's wake-up call for insurers on fossil fuels

A historic decision from EU financial supervisor on higher financial risk of fossil fuel sector must be integrated in EU prudential rules write Chiara Pass and Marika Carlucci

ECB's monetary policy to integrate nature