Civil society issues criteria for greening ECB corporate portfolio
As the ECB moves to decarbonise its corporate bond portfolio, 12 leading research and advocacy groups have issued a list of four key criteria they say are crucial to the robustness and credibility of the exercise.
Market efficiency mandate requires climate action, say ECB figures
A group of leading ECB figures have argued that demonstrated market flaws surrounding emissions and climate change require corrective action to fulfil the central bank’s mandate of “favouring an efficient allocation of resources”.
No ECB support for EU efforts to reduce fossil fuel dependence
Despite inflationary pressures associated with European dependence on Russian fossil fuels, the ECB has offered no support for EU efforts to reduce imports and switch to more stable and secure renewable energy sources.
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