The NGO Greenpeace has called on the European Central Bank (ECB) to change its rules on the collateral that private banks provide when refinancing themselves with it, in order to stop “favouring” fossil fuel companies on Wednesday 10 March, on the eve of a meeting of the ECB’s Governing Council.
“The ECB must at once exclude these toxic assets and change the rules to tackle the climate emergency we live in”, said Jennifer Morgan, Executive Director of Greenpeace International.
The...