As part of its climate and nature plan 2024-2025, the European Central Bank (ECB) announced on Tuesday 30 January that it will be stepping up its work on nature and climate change, identifying three main areas.
Firstly, the ECB will extend its work on the consequences of climate change on the economy, in particular, the transition costs and investment needs that these phenomena entail. The ECB announces that it will also study, within the framework of its mandate, “the case for further...