The European Central Bank (ECB) has published its second set of climate-related financial disclosures, which provides information on the carbon footprint of its portfolios and their exposure to climate risks,...
Rising temperatures could drive food inflation up by 3.2 percentage points and overall inflation by 1.18 percentage points annually by 2035, according to a new study by Potsdam Institute for...
The European Central Bank (ECB) and the European Systemic Risk Board (ESRB) published a joint report on the impact of climate change on the European Union (EU) financial system. The report sets...
The European Central Bank (ECB) has published its first climate-related financial disclosures, which provide information on its portfolios’ carbon footprint and exposure to climate risks, as well as on climate-related...
The European Central Bank has published a first set of climate-related statistical indicators to better assess the impact of climate-related risks on the financial sector and to monitor the development of...
Decarbonization to be based on issuer-specific climate score Corporate bond holdings to be tilted towards issuers with better scores Tilting to be applied to all corporate bond purchases settled as...
ECB to account for climate change in its corporate bond purchases, collateral framework, disclosure requirements and risk management, in line with its climate action plan Measures aim to reduce financial...
The European Central Bank’s ongoing climate stress test was not designed to force non-compliant banks to hold more capital but that could still be the outcome of the exercise, ECB...