The authors of this report, argue that the European Central Bank (ECB), should adopt low-carbon strategies. They suggest two such strategies in which carbon-intensive bonds are replaced with more climate-friendly bonds. These strategies would significantly reduce the climate footprint of the ECB corporate Quantitative Easing...

The transition away from coal is not only key to meeting climate policy objectives, but also a matter for those who are concerned with the financial stability risks that the stranding of lossmaking coal assets pose, including central banks and financial supervisors.