28/11/2019 (Agence Europe) – In an open letter published on Wednesday 27 November, sixty organisations such as Greenpeace, Finance Watch and the European Federation of Ethical Banks, as well as around 100 economists are calling on the European Central Bank (ECB) to immediately commit itself to gradually divesting itself of assets held in companies that intensively use fossil fuels, starting with coal-related industries. Without waiting for the taxonomy on sustainable finance currently being negotiated between the European Parliament and the EU Council (see EUROPE 12374/21), they believe that specific criteria should be used to assess the climate impact of all assets currently eligible for the monetary policies of the Frankfurt Monetary Institute. See the letter: http://bit.ly/2qK9pTZ (MB)