The European Central Bank announced that it will extend the use of climate-related factors within its Eurosystem collateral framework to include non-financial corporate credit claims. This policy shift aims to integrate sustainability considerations more broadly into the assets accepted as collateral by the central bank.
According to the European Central Bank, this adjustment is part of an ongoing effort to align its risk management operations with climate change objectives. The new measures will apply specifically to credit claims originating from non-financial corporations, marking a further step in the central bank's strategy to address environmental risks within the financial system.
Source: European Central Bank. Read the original report ↗