Shocks resulting from the climate crisis are felt by our economy, says Executive Board member @FrankElderson at @PIIE. As a central bank and banking supervisor, we therefore cannot ignore climate and environmental factors, and have to take them into account in our work.
RT @FrankElderson: At the @ecb we are climate and environmental policy takers, not policymakers. We take climate and environmental factors into account in our work to deliver on our supervisory and…