ECB launches new financed emissions and sustainable finance indicators to track climate risk

Read the full story at ESG Today.

The European Central Bank (ECB) announced today the publication of a series of new statistical indicators aimed at helping to analyze climate-related risks in the financial sector and track the progress of the sustainable finance market.

The launch of the new statistical indicators forms part of the ECB’s climate action plan, launched by the central bank in July 2022, which included initiatives to further incorporate climate change considerations into its monetary policy framework, as well as to enhance its risk assessment tools and capabilities to better include climate-related risks, and to improve the external assessment of climate risks.

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