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ECB presents action plan to include climate change considerations in its monetary policy strategy
The ECB’s Governing Council is strongly committed: to further incorporating climate change considerations into its monetary policy framework; to expanding its analytical capacity in macroeconomic modelling, statistics and monetary policy with regard to climate change; to including climate change considerations in monetary policy operations in the areas of disclosure, risk assessment, collateral framework and corporate sector asset purchases; to implementing the action plan in line with progress on the EU policies and initiatives in the field of environmental sustainability disclosure and reporting. The Governing ... (full story)