• ECB's Executive Board member Panetta: ECB can contribute to environmental policies in the implementation of monetary policy

Market news

25 January 2021

ECB's Executive Board member Panetta: ECB can contribute to environmental policies in the implementation of monetary policy

  • ECB has to protect its balance sheet from financial risks caused by climate change
  • By performing its own analysis of climate risks, ECB can contribute to the valuation
  • These issues are currently being considered as part of our monetary policy strategy review

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