20/10/2020 (Agence Europe) – More than 60% of the private company securities held by the ECB in the context of the quantitative easing (QE) operation come from carbon-intensive sectors of activity, i.e. 241.6 billion euros at the end of July 2020, even though these sectors account for less than 18% of employment and less than 30% of gross value added, according to a study co-authored by Greenpeace, the New Economics Foundation and several British universities and published on Tuesday 20 October. The authors suggest two scenarios to help the Frankfurt Monetary Institute to invest in financial securities that are more in line with the EU’s climate objectives. See the Greenpeace report: https://bit.ly/3kmhAfO (MB)