350.org: European Central Bank Warned Against Hypocrisy Over Fossil Fuel Finance
June 05, 2020
June 05, 2020
NEW YORK, June 5 -- The 350.org issued the following news release:
The European Commission's climate pledges are being directly undermined by its own Central Bank as the two institutions scramble to rebuild economies after the COVID-19 crisis, campaigners have warned.
ECB President Christine Lagarde and heads of EU Member States' central banks will meet for an ECB Board of Governors meeting on Thursday 4 June to decide the next steps for the Bank's response to COVID-19. . . .
The European Commission's climate pledges are being directly undermined by its own Central Bank as the two institutions scramble to rebuild economies after the COVID-19 crisis, campaigners have warned.
ECB President Christine Lagarde and heads of EU Member States' central banks will meet for an ECB Board of Governors meeting on Thursday 4 June to decide the next steps for the Bank's response to COVID-19. . . .