• Allianz: ECB talks up sustainable bond greenium

    29 June 2023

    Climate-related policies and pronouncements from the European Central Bank (ECB) has generated a "persistent positive effect" on the 'greenium' for European sustainable bonds, according to research from Allianz.

  • Elderson: ECB willing to impose climate-related penalties

    27 June 2023

    A senior official at the European Central Bank (ECB) said it is willing to issue periodic penalties or impose bank-specific capital add-ons for banks that do not demonstrate "full compliance with all our expectations" on climate and environmental risk.

  • 30% of insurers' investments highly dependent on nature, EIOPA says

    23 June 2023

    About 30% of Eurozone insurers' investments are highly dependent on nature, according to analysis of about €2.3 trillion ($2.5 trillion) of insurers' investments in corporate bonds and equity.

  • Nature loss poses 'existential' risks for financial system, says ECB's Elderson

    08 June 2023

    The loss of nature due to intensive land use, climate change and pollution poses "existential" risks to the global economy and financial system, a prominent central banker has warned.

  • 'Reasonable to expect' banks will meet ECB climate expectations, says Elderson

    24 April 2023

    It is "reasonable to expect" Eurozone banks will, by 2024, close the gap between their currently inadequate disclosures on climate-related risks and the expectations of the European Central Bank (ECB), according to a senior central banker.

  • ECB and EIOPA call for EU wide natural disaster insurance scheme

    24 April 2023

    The creation of a pan-EU public scheme for "less frequent, large-scale disasters" could complement existing insurance offerings and contribute to closing the climate insurance protection gap, two major European supervisors have said.

  • ECB warns banks are still failing on climate disclosures, and threatens action

    21 April 2023

    Eurozone banks have been given a stern warning by the European Central Bank (ECB) that it is ready to act if they do not improve "insufficient" disclosures on climate ahead of rules coming into force this year.

  • ECB says climate 'tilt' cut carbon intensity of bond purchases by 65%

    23 March 2023

    The weighted average carbon intensity (WACI) of corporate bond purchases by the European Central Bank (ECB) was slashed by about 65%, following the introduction of a 'climate tilt' methodology to prioritise 'greener' issuers

  • Combating inflation best way to support green investments, ECB says

    20 March 2023

    The European Central Bank (ECB) has scotched a suggestion that it could introduce measures to insulate climate-themed investments from inflation, as it said ensuring price stability over the medium term is the best way to ensure inflation does not impair the energy transition.