The ECB, acting as the single supervisor within the euro area banking union, on Wednesday 2 November set out an inventory of good and bad practices on how banks are integrating the climate factor into their activities.
“The glass is gradually filling up, but it is far from being half full”, said Frank Elderson, a member of the ECB’s Executive Board, recalling in a blog that the EU institution had asked the banking sector to be fully able to manage the related risks by the end of...