EU banking capital proposal eases fears over carbon trading, says trade group

Published 17:57 on October 27, 2021  /  Last updated at 20:14 on October 28, 2021  /  EMEA, EU ETS, International, UK ETS, Voluntary Market  /  No Comments

EU proposals for applying international banking rules are likely to shield the bloc's carbon market from being impacted by higher capital costs for banks, a financial industry body said on Wednesday. 

EU proposals for applying international banking rules are likely to shield the bloc’s carbon market from being impacted by higher capital costs for banks, a financial industry body said on Wednesday.

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