On Tuesday 25 June, the European Central Bank (ECB) published its second set of information on the carbon footprint of assets held by the Eurosystem for monetary policy purposes and for the ECB’s foreign reserves. The document provides information on the degree of exposure to climate risks of the various assets, as well as aspects of governance and strategy. The declarations have been extended to cover almost 99.7% of the Eurosystem’s assets held for monetary policy purposes, excluding...