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European central bank

ECB climate stress test unveils shortcomings in climate risk management

05 Aug 2022
9 min.

8 - minute read
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Executive Summary
Recent climate stress test results from the European Central Bank[1] and Bank of England[2] provide a window on the challenges banks face in preparing for cli...

European Central Bank’s historic pledge on climate

29 Jul 2021
9 min.

8-minute read 
 
The European Central Bank (ECB) has been under increased pressure from civil society and politicians to take action on climate change[1]. Sign of the acceleration that we are witn...

A fury of Sustainable Finance announcements in the European Union

29 Jul 2021
19 min.

In July, a multitude of legislative proposals and strategies related to sustainable finance have been announced by the European Commission and the European Central Bank...

Integrating sustainability criteria into central banks’ asset purchasing programs – the Swedish Central Bank as a first mover

13 Jan 2021
6 min.

3-minute read
 
The Swedish Central will reportedly purchase more green bonds in its asset purchasing programs. At the end of last year, Sweden’s Central Bank (the “Riksbank”) announced its intent...

European Central Bank accepts sustainability-linked bonds as collateral

27 Oct 2020
2 min.

Following the publication of ICMA’s Sustainability-Linked Bond Principles  (SLBP)  in June 2020 (see our July article), a few inaugural issuances of this new product were observed on the market re...

Christine Lagarde sees climate change as “mission critical” for the ECB and opens the door to EU taxonomy-based asset purchases programs

11 Sep 2019
11 min.

Climate change was extensively discussed during C. Lagarde’s nomination hearing 
Climate change emerged as an influential topic during the public hearing of Ms. Christine Lagarde by the European...

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