The European Central Bank (ECB) announced plans to extend the use of climate factors in the collateral framework to eligible loans to non-financial corporations, significantly expanding its initiative to adjust the value assigned to assets pledged by banks as collateral for central bank loans, based on their exposure to climate transition risks. The announcement follows … Continue reading ECB Expands Application of Climate Risk Factors in Collateral Framework to Corporate Loans
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ECB Expands Application of Climate Risk Factors in Collateral Framework to Corporate Loans
The European Central Bank (ECB) announced plans to extend the use of climate factors in the collateral framework to eligible loans to non-financial corporations, significantly expanding its initiative to adjust the value assigned to assets pledged by banks as collateral for central bank loans, based on their exposure to climate transition risks. The announcement follows … Continue reading ECB Expands Application of Climate Risk Factors in Collateral Framework to Corporate Loans