European Tool Guide: How to ask your central bank to act for and not against climate

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The guide asserts that the European Central Bank (ECB) and national central banks contribute to a high-carbon economy by providing cash to financial actors and purchasing bonds without considering climate impacts.

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  • European central banks, including the ECB and national banks, influence the economy by providing cash to financial actors and purchasing bonds from corporations, financial players, and public institutions, a practice that has intensified since 2014 and during the Covid crisis.
  • Central banks in Europe are currently financing polluting companies and supporting a high-carbon economy because they do not account for the climate impacts of their financial actions.

Cite the original document

APA
admin (2020). European Tool Guide: How to ask your central bank to act for and not against climate. Reclaim Finance. https://reclaimfinance.org/site/en/2020/05/28/european-tool-guide-how-to-ask-your-central-bank-to-act-for-and-not-against-climate/
Chicago
admin. European Tool Guide: How to ask your central bank to act for and not against climate. Reclaim Finance, 2020. https://reclaimfinance.org/site/en/2020/05/28/european-tool-guide-how-to-ask-your-central-bank-to-act-for-and-not-against-climate/.
Wikipedia
{{cite report |last1=admin |title=European Tool Guide: How to ask your central bank to act for and not against climate |publisher=Reclaim Finance |date=28 May 2020 |url=https://reclaimfinance.org/site/en/2020/05/28/european-tool-guide-how-to-ask-your-central-bank-to-act-for-and-not-against-climate/ |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@techreport{admin2020european, author = {admin}, title = {{European Tool Guide: How to ask your central bank to act for and not against climate}}, institution = {Reclaim Finance}, year = {2020}, month = may, url = {https://reclaimfinance.org/site/en/2020/05/28/european-tool-guide-how-to-ask-your-central-bank-to-act-for-and-not-against-climate/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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