ECB policymaker, Francois Villeroy de Galhau, remarks on the central bank's climate change initiatives
- Efforts to cut carbon would not apply to sovereign bonds
- ECB corporate bond buying should use climate criteria
- Climate is already linked to ECB's price stability mandate
- ECB should try to adjust value of corporate asset purchases based on climate risk
Some thoughts being shared by Villeroy but nothing too impactful. I'm not a big fan of central banksters getting involved with climate change and green policy but it is what it is and expect to hear more of this in the future.
