EMEA > Compliance Markets & Taxes > ECB flags transition risks of climate action for EU economy

ECB flags transition risks of climate action for EU economy

Published 14:54 on November 19, 2024 / Last updated at 14:54 on November 19, 2024 / / EMEA (Compliance Markets & Taxes, Europe)

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The EU needs coordinated policy to finance emissions reductions to 2030, integrating potential climate risks in order to avoid losses and disruptions stemming from a 'run on brown' scenario, the European Central Bank (ECB) and the European Supervisory Authorities (ESAs) warned on Tuesday.
The EU needs coordinated policy to finance emissions reductions to 2030, integrating potential climate risks in order to avoid losses and disruptions stemming from a 'run on brown' scenario, the European Central Bank (ECB) and the European Supervisory Authorities (ESAs) warned on Tuesday.


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