New @ecb.europa.eu blog:
Credit Ratings: How the ECB strives to properly account for #climaterisk
"physical risks, and particularly acute climate events such as floods, have led to rating downgrades, reflecting the economic damage and cost such events entail"...
www.ecb.europa.eu/press/blog/d...
www.ecb.europa.eu
The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purch...