2min chapter

The ECB Podcast cover image

Supervising banks in times of war, high inflation and interest rate hikes

The ECB Podcast

CHAPTER

Climate Change - The Next Challenge?

Banks have been talking about climate risk for several years now. We are expecting progress at, should we say, a much faster pace than normal because it's just so urgent. The decision will affect banks' exposure to heavy emitting sectors and those whose business models will not be sustainable in the net zero world.

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