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Germany's incoming ECB board member opposes pumping cash into green assets
Her views contrasted with those of Bank of England Governor Mark Carney, who told BBC radio that financial services weren't doing enough to discourage investment in fossil fuels. He called for a mix of public investment and change driven to combat climate change.
BoE preferences? All the more reason to guard eligible eurosystem collateral
EU states failed to agree on what qualifies as a ["]green asset["] earlier this month, making the ECB's involvement even more difficult.
by Cat on Wed Jan 1st, 2020 at 05:05:48 AM EST
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APsplainin | European Central Bank holds rates, launches policy review
inflation target rate: "So far, the ECB doesn't buy bonds on environmental criteria but has in fact bought bonds that finance environmentally friendly projects as part of the broader effort to raise inflation."
by Cat on Thu Jan 23rd, 2020 at 03:52:17 PM EST
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