EU climate

Climate changes risks

No European Bank Meets The ECB’s Expectations On Climate Risk Reporting

Fernando Rodríguez | “Although there have been improvements since the first assessment at the end of 2020, no bank fully meets supervisory expectations” on environmental and climate risk reporting, according to the latest report of the European Central Bank (ECB) with data analyzed as of November 2021 on 109 entities under direct supervision. Although more than 70% of banks provide information on how their boards of directors monitor these risks…

Green economy

Green New Deal: Spaniards behind the EU global green struggle (III)

Alexandre Mato (Brussels) | At a time when in the US the young Congress woman Alexandria Ocasio-Cortez supports a green New Deal as “an umbrella for a combination of policies and programmes which moves America away from fossil fuels and causes the country to slow the climate crisis”, in the words of Varshini Prakash, co-founder of the Sunrise Movement, an organisation driving this economic policy, the EU is taking firm steps in the ecological transition.