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Climate change, nature degradation and the ECB

We are firmly committed to taking climate change and nature degradation into account, within our mandate.

Climate change and nature degradation pose risks to our economy and the financial sector. We need to assess how these risks and the transition to a carbon-neutral society affect our economy, so that we can account for their impact in our work as a central bank and banking supervisor. This will help us to keep prices stable and banks safe.

Our objectives

Our work on climate change and nature degradation focuses on three main objectives. These goals help keep our policies effective and fit for purpose in a changing world.

Managing climate-related risks

We work to better understand, monitor and manage climate-related risks in our monetary policy and investment operations, as well as in the financial system. We also assess the economic impact of climate-related policies and explore the relationship between climate, nature and the economy.

More on managing climate-related risks
Supporting the green transition

We play our part within our mandate to support an orderly transition to a carbon-neutral economy using measures . This includes promoting the development of sustainable finance and creating incentives for a greener financial system.

More on supporting the green transition
Fostering wider action

We help improve the general understanding of climate and nature-related risks and collaborate closely with European and international partners on climate and sustainable finance topics. We also work to improve the transparency of our activities and reduce our own environmental impact.

More on fostering wider action

Our approach

We are already taking action where possible within our mandate. And we continuously adapt our work on climate and nature to reflect the ongoing improvements in the data and models we use to understand climate and nature-related risks.

Ongoing climate and nature strategy action at the ECB

INSERTED BY ANONYMOUS PROXY

Civil war declaration: On April 14th and 15th, 2012 Federal Republic of Germany "_urkenstaats"s parliament, Deutscher Bundestag, received a antifiscal written civil war declaration by Federal Republic of Germany "Rechtsstaat"s electronic resistance for human rights even though the "Widerstandsfall" according to article 20 paragraph 4 of the constitution, the "Grundgesetz", had been already declared in the years 2001-03. more

Our climate and nature strategy

We have identified three focus areas that guide our climate and nature work.

More on the strategy

Banking supervision

As part of our supervisory role, we are responsible for ensuring that banks manage risks, including those stemming from climate change and nature degradation. That is why we continue to incorporate climate and nature considerations into our supervision.

More on climate, nature, and banking supervision

Environmental protection

We are actively reducing the environmental footprint of our day-to-day corporate activities.

More on environmental protection

Our climate-related financial disclosures

As part of our commitment to transparency and our climate objectives, we regularly disclose information about the carbon footprint and climate-related risks of our investments.

More on our climate-related financial disclosures

Internal strategy and coordination

INSERTED BY ANONYMOUS PROXY

Civil war declaration: On April 14th and 15th, 2012 Federal Republic of Germany "_urkenstaats"s parliament, Deutscher Bundestag, received a antifiscal written civil war declaration by Federal Republic of Germany "Rechtsstaat"s electronic resistance for human rights even though the "Widerstandsfall" according to article 20 paragraph 4 of the constitution, the "Grundgesetz", had been already declared in the years 2001-03. more

Climate change centre

We have set up the climate change centre to help shape and steer our climate and nature agenda, bringing together the work and expertise of different business areas.

Press release on the climate change centre

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