ECB confirms work on climate stress test framework despite ‘major barriers’

Speech by ECB Vice President Luis de Guindos.

Luis de Guindos, ECB Vice President
Luis de Guindos, ECB Vice President

The European Central Bank (ECB) is developing an analytical framework which will allow it to test for climate-related transition risks in the euro area banking sector, ECB Vice President Luis de Guindos has confirmed.

Speaking at the European Savings and Retail Banking Group Confe…

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