Verdir les collatéraux de politique monétaire

The document critiques the European Central Bank's (ECB) planned update to the Eurosystem Collateral Framework, arguing that simply addressing risks is insufficient. It advocates for a precautionary approach that includes excluding developers of new fossil fuel projects and applying haircuts to eligible assets based on a company's carbon intensity.

• The European Central Bank announced in July 2022 that it would update the Eurosystem Collateral Framework to include climate considerations, responding to calls to stop favoring assets from high-emitting companies and those developing new fossil fuel projects.
• To be effective, the integration of climate considerations into the Eurosystem's guarantees must involve restricting eligibility—specifically excluding developers of new fossil fuel projects—and linking the value of eligible assets to the company's carbon intensity through adjusted haircuts.

APA

Martin, L. (2024). Verdir les collatéraux de politique monétaire. Reclaim Finance. https://reclaimfinance.org/site/2024/01/16/verdir-les-collateraux-de-politique-monetaire/

Chicago

Martin, Léo. Verdir les collatéraux de politique monétaire. Reclaim Finance, 2024. https://reclaimfinance.org/site/2024/01/16/verdir-les-collateraux-de-politique-monetaire/.

Wikipedia

{{cite press release |last1=Martin |first1=Léo |title=Verdir les collatéraux de politique monétaire |publisher=Reclaim Finance |date=16 January 2024 |url=https://reclaimfinance.org/site/2024/01/16/verdir-les-collateraux-de-politique-monetaire/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{martin2024verdir, author = {Martin, Léo}, title = {{Verdir les collatéraux de politique monétaire}}, publisher = {Reclaim Finance}, year = {2024}, month = jan, url = {https://reclaimfinance.org/site/2024/01/16/verdir-les-collateraux-de-politique-monetaire/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }