Central Banks

ECB Open to Tweaking Policy Tools to Help With Climate Goals

  • Central bank to intensify work on green-investment needs
  • Analysis of extreme weather impact on inflation to also deepen
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The European Central Bank said it’s ready to consider further adjustments to its monetary-policy approach to support the transition to a green economy.

As part of an updated roadmap for its climate efforts, the Frankfurt-based central bank said it will intensify work on green investment needs and step up attempts to understand how the fight against global warming affects the economy.