25/01/2021 (Agence Europe) – On Monday 25 January, the European Central Bank (ECB) announced the creation of a new unit, operational from the beginning of 2021, to strengthen and consolidate the ECB's work on climate change. Made up of around ten people working with existing teams within the bank, this “climate change centre” will be used to “shape and steer the ECB's climate agenda” both internally and externally. Asserting that climate change affects all areas of the bank's activities, the President of the ECB, Christine Lagarde, said: “The climate change centre provides the structure we need to tackle the issue with the urgency and determination that it deserves”. This new unit will be reviewed after 3 years, with the ultimate aim of integrating climate considerations into the ECB's day-to-day activities. (DG)