Neglecting climate change endangers ECB, Integrating ESG into commodities
Tuesday 9 February 2021 – Vol.12 Ed.6.2
Commentary: Neglecting climate change endangers ECB independence
By Rens van Tilburg in Utrecht
While European governments are trying hard to keep global warming below two degrees, their central banks are lowering the cost of capital for the biggest polluters. The European Central Bank and many other market observers have acknowledged climate risks continue to be mispriced in financial...