ECB Seeks to Identify Polluters in Push for Green Finance System

摘要

The European Union should identify companies that harm the environment so that banks and asset managers canbetter handle the risks stemming from climate change, according to the European Central Bank.The ECB threw its weight behind the controversial idea in a submission to the European Commission, which isseeking input on how to advance its push to green the financial system. The bloc has so far focused on identifyingsustainable activities only, which means authorities and finance firms are left dealing with a data gap, according tothe Frankfurt-based institution.