ECB Urged Not to Waste Time in Making Bond Buying Greener

  • Report tells ECB to exclude carbon-intensive bonds from QE
  • Lagarde said must question institution’s ‘market neutrality’
Photographer: Alex Kraus/Bloomberg
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Environmental activists and economists claim there’s a way for the European Central Bank to account for climate risks in its stimulus programs without the time-consuming preparatory work officials often say is needed.