ECB introduces green asset policy
Moves aim to “gradually decarbonise” Eurosystem’s bond holdings, ECB says
The European Central Bank’s policy towards financial instruments will now take climate change into account, it announced today (July 4).
The ECB laid out a series of measures aimed at its own bond holdings and the financing issued by the Eurosystem of the eurozone’s national central banks. It said it aimed to “gradually decarbonise” the bonds held by the Eurosystem, but will introduce some measures later this year.
“With these decisions we are turning our commitment to fighting climate change
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