Date: 30th July 2021
Author: Various authors

The European Central Bank (ECB)’s new monetary policy is a positive step, but it needs more ambition to tackle its climate problem, warns a group of European lawmakers, environmental activists and economists.

 

Scientists warn us again and again: climate change is accelerating. Preliminary findings from the IPCC raise the alarm on the extremely worrying state of our climate, highlighting that humanity is not currently equipped to deal with the escalating consequences of rising global temperatures.

"If this is true of society, it is also true of the financial system".

 

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