The European Central Bank announced more measures to incorporate climate change factors into monetary policy

Xinhua News Agency, Frankfurt, July 4 (Reporter Shan Weiyi) The Central Bank of China announced on the 4th that more measures were taken to incorporate climate change factors into the euro monetary policy framework to reduce financial risks related to climate change and support economic green transformation.

The European Central Bank Council issued an announcement on the same day that in order to implement the goal of the Paris Agreement and the EU -related climate goals, the European Central Bank will introduce climate change factor in the purchase of corporate bonds, mortgage frameworks, disclosure requirements and risk management, and aims to reduce assets to reduce assetsThe financial risks involving climate change in liabilities will help maintain the stable price of the euro system and support economic green transformation.

In addition, the European Central Bank proposed to provide incentive measures for companies and financial institutions to promote transparency of carbon emissions and reduce carbon emissions.

European Central Bank governor Lagarde said that the European Central Bank is implementing the commitment to respond to climate change into action, and will take more measures to achieve the goal of the Paris Agreement.

[Editor in charge: Ma Junqing]

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