ESG & Investing
Lagarde Has Open Mind on ECB Lending as a Climate-Crisis Tool
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Christine Lagarde
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
European Central Bank President Christine Lagarde said she’s open to the idea of using the institution’s lending facilities to encourage the transition to carbon neutrality.
“It was not in the cards one year ago,” she said on Wednesday at a conference co-hosted by the ECB. “I’m not giving up on that. Japan is looking at it, China is doing it. Why wouldn’t we have an open mind about it?”