Nov. 14, 2023, 4:38 p.m. | AFP

Digital Journal

The European Central Bank on Tuesday threatened to impose financial penalties on banks who are slow to minimise climate change-related risks stemming from their activities. The ECB, which oversees banks operating in the 20-nation eurozone, warned it would impose “penalty payments” should they fail better to address management of climate-related and environmental (C&E) risk, supervisory […]

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