Archive

  • ECB could tilt bond purchases to Paris-aligned firms, says Schnabel

    23 August 2021

    A senior European Central Bank (ECB) member said the bank could buy more bonds from firms committed to the Paris Agreement goals...

  • ECB sounds alarm at banks' climate lethargy

    19 August 2021

    The European Central Bank (ECB) says the results of EU banks' self-assessments on climate-related and broader environmental risks demonstrate an "alarming" lack of urgency to meet minimum supervisory expectations.

  • ECB market neutrality strategy review 'disappointing'

    04 August 2021

    The European Central Bank (ECB) has been criticised for a lack of urgency in its review of the 'market neutrality' principle...

  • ECB finances nature degradation, finds UCL report

    26 July 2021

    Over 70% of the European Central Bank's corporate bond portfolio may be financing companies involved in high levels of nature degradation...

  • ECB to introduce climate disclosure requirements

    08 July 2021

    The European Central Bank (ECB) will introduce environmental sustainability disclosure requirements for private assets, it has said, in a move that could help it tilt its asset purchases and collateral rules away from heavily polluting companies.

  • ECB: Investment funds particularly at risk from climate change

    01 July 2021

    European investment funds are particularly at risk of harmful "repricing" as the markets adapt to climate change, the European Central Bank (ECB) has said.

  • ECB: Evidence of banks' inertia on climate is warning to supervisors

    18 June 2021

    Frank Elderson has said eurozone banks' self-assessments of climate risks has exposed widespread "inertia", and "serves as a clear warning to us, the supervisory authorities" as the ECB considers what action to take to address mismanagement.

  • ECB considering 'tilting' asset purchases to avoid climate risks

    15 June 2021

    The European Central Bank is considering "tilting" its asset purchases toward issuers with plans to reduce their greenhouse gas emissions, a member of its executive board has revealed.

  • ECB: 30% of eurozone corporate credit linked to 'high or increasing' physical climate risks

    18 May 2021

    The European Central Bank (ECB) has warned that "a greater understanding of the potential risks posed by climate change is urgently needed" and called for mandatory climate-related disclosures.

  • ECB 'will draw on full supervisory toolkit' to correct banks' climate risk mismanagement

    30 April 2021

    The European Central Bank (ECB) has placed Eurozone banks on notice that, where it sees that they "are not managing their exposures to climate-related risks in an adequate manner, we can and will draw on the full supervisory toolkit at our disposal to correct that situation".