Dafermos, Yannis, Gabor, Daniela, Nikolaidi, Maria ORCID: 0000-0002-8188-5482, Gogolewski, Jakub and Vargas, Mauricio (2023) Broken promises: the ECB's widening Paris gap. A joint report by SOAS University of London, University of Greenwich, University of the West of England, and Greenpeace. Technical Report. Greenpeace, Hamburg, Germany.

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Abstract

In a nutshell: The new report “Broken Promises: The ECB's Widening Paris Gap” shows that the European Central Bank is failing at its own climate action plan - just a year after it announced the climate strategy to align its corporate bond portfolio with the 2015 Paris Agreement. Despite initial ambitions and at a time of increasingly extreme climate events, the ECB is failing to adequately reduce shareholding in companies not compliant with 1.5°C goals, and its own gap with the Paris Agreement is rapidly widening.

Item Type:	Monograph (Technical Report)
Uncontrolled Keywords:	climate change; monetary policy; ECB
Subjects:	G Geography. Anthropology. Recreation > GE Environmental Sciences H Social Sciences > HB Economic Theory H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management
Faculty / School / Research Centre / Research Group:	Faculty of Business
Last Modified:	25 Oct 2023 09:25
URI:	http://gala.gre.ac.uk/id/eprint/44624

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