Christine Lagarde wants key role for climate....>

ECB: Christine Lagarde wants key role for climate change in ECB review (FT)

- Christine Lagarde is pushing for climate change to be part of a strategic

review of the European Central Bank's purpose, spearheading a global drive to

make the environment an essential part of monetary policymaking. The plan

underlines Ms Lagarde's declared goal as president to make climate change a

"mission-critical" priority for the central bank. It comes as European

Commission president Ursula von der Leyen, whose team on Wednesday was

officially endorsed by the European Parliament, is about to unveil her first

landmark climate policy package. The agenda of the ECB's review has yet to be

finalised but two people involved in the discussions said the environment was

likely to feature in the first such comprehensive review for the institution

since 2003.

- Link: https://www.ft.com/content/61ef385a-1129-11ea-a225-db2f231cfeae