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ECB's Christine Lagarde to 'explore every avenue available' to tackle climate change

From cnbc.com

Christine Lagarde, the president of the European Central Bank, has hinted that the institution could use its asset purchase program to focus on green goals. Speaking to the Financial Times, Lagarde made a commitment to look at “greener” changes to operations at the euro zone’s central bank, including its bond buying. “I want to explore every avenue available in order to combat climate change,” she told the publication. “This is something that I hold very strongly.” Lagarde added that the bank “has to look at all the business lines and the operations in which we are engaged in order to tackle climate change, because ... (full story)

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  • Category: Fundamental Analysis