Tag: climate risks
ECB criticizes banks for inadequate handling of climate risks
European Central Bank With the climate stress test, the ECB wants to determine how well the institutes are armed against the possible consequences of climate change. (Photo: dpa) Frankfurt Almost…
ECB urges banks to be more sustainable
Frankfurt The banking supervisors of the European Central Bank (ECB) are urging Europe’s major banks to step up their pace when it comes to climate protection. “This year we want…