We ask the European Central Bank for transparency

The European Central Bank (ECB) is criticized for failing to disclose sufficient information to evaluate the climate impact of its asset purchase programs, including the Corporate Sector Purchase Program (CSPP) and the Pandemic Emergency Purchase Program (PEPP). Reclaim Finance has filed two information requests seeking the separate value of each bond held and specific data on assets linked to fossil fuels and the Global Coal Exit List, arguing that this transparency is essential for the ECB's strategic review of its monetary policy strategy.

• The European Central Bank (ECB) does not provide enough data to assess the environmental consequences of its quantitative easing, which limits the ability of civil society and economic actors to engage in the ECB's strategic review.
• While the ECB lists the corporate bonds it holds under the Corporate Sector Purchase Program (CSPP) and the Pandemic Emergency Purchase Program (PEPP), it does not disclose the individual value of each bond or updated data on their distribution by sector or activity.
• The scale of the Eurosystem's holdings is significant, with total holdings reaching 2,666.5 billion by the end of March, including 201.5 billion for the CSPP, 750 billion for the PEPP, and an additional 120 billion in increased planned purchases.
• Reclaim Finance has submitted two information requests demanding the disclosure of separate bond values for CSPP and PEPP, as well as specific data on assets linked to fossil fuel companies and those listed on the Global Coal Exit List.

APA

admin (2020). We ask the European Central Bank for transparency. Reclaim Finance. https://reclaimfinance.org/site/en/2020/04/22/we-ask-the-european-central-bank-for-transparency/

Chicago

admin. We ask the European Central Bank for transparency. Reclaim Finance, 2020. https://reclaimfinance.org/site/en/2020/04/22/we-ask-the-european-central-bank-for-transparency/.

Wikipedia

{{cite press release |last1=admin |title=We ask the European Central Bank for transparency |publisher=Reclaim Finance |date=22 April 2020 |url=https://reclaimfinance.org/site/en/2020/04/22/we-ask-the-european-central-bank-for-transparency/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{admin2020ask, author = {admin}, title = {{We ask the European Central Bank for transparency}}, publisher = {Reclaim Finance}, year = {2020}, month = apr, url = {https://reclaimfinance.org/site/en/2020/04/22/we-ask-the-european-central-bank-for-transparency/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }