The ECB’s Directorate General Market Operations ensures that monetary policy decisions are implemented and properly reflected in financial markets. To this end, we carry out the Eurosystem’s monetary policy and foreign exchange operations. We also act as the ECB’s eyes and ears in the financial markets, monitoring market developments through market intelligence and comprehensive analysis. […]
ECB takes further steps to incorporate climate change into its monetary policy operations
The Governing Council of the European Central Bank (ECB) has decided to take further steps to include climate change considerations in the Eurosystem’s monetary policy framework. It decided to adjust corporate bond holdings in the Eurosystem’s monetary policy portfolios and its collateral framework, to introduce climate-related disclosure requirements and to enhance its risk management practices. […]