NOUVEAU SOUTIEN AUX ÉNERGIES FOSSILES

Between July 2024 and March 2025, the European Central Bank (ECB) added assets from nine fossil fuel companies, totaling 12.96 billion euros, to its list of eligible collateral. This action is presented as a reversal of the ECB's 2021 climate roadmap and a failure to implement measures to limit assets from major polluters. The document calls for the ECB to exclude assets from companies involved in oil and gas exploration or those without credible coal exit plans during its strategic review ending in July 2025.

• From July 2024 to March 2025, the European Central Bank (ECB) made assets from nine fossil fuel companies eligible as collateral, representing 12.96 billion euros issued on financial markets. These companies are described as compromising the 1.5°C target due to a lack of credible coal exit plans or the development of new oil and gas fields.
• The ECB has failed to fulfill the priorities of its 2021 'climate roadmap' regarding the greening of its eligible asset lists. Specifically, in July 2024, the ECB abandoned a previously announced measure intended to restrict the use of assets from the largest polluters.
• The document recommends that the ECB use its strategic review, which concludes in July 2025, to stop accepting collateral from activities that hinder the transition, specifically targeting companies engaged in oil and gas exploration and production or those failing to divest from coal.

APA

Reclaim Finance (2025). NOUVEAU SOUTIEN AUX ÉNERGIES FOSSILES. https://reclaimfinance.org/site/wp-content/uploads/2025/04/ECB_Collateral_April2025_Fr.pdf

Chicago

Reclaim Finance. NOUVEAU SOUTIEN AUX ÉNERGIES FOSSILES. 2025. https://reclaimfinance.org/site/wp-content/uploads/2025/04/ECB_Collateral_April2025_Fr.pdf.

Wikipedia

{{cite report |author=Reclaim Finance |title=NOUVEAU SOUTIEN AUX ÉNERGIES FOSSILES |date=April 2025 |url=https://reclaimfinance.org/site/wp-content/uploads/2025/04/ECB_Collateral_April2025_Fr.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{reclaimfinance2025nouveau, author = {{Reclaim Finance}}, title = {{NOUVEAU SOUTIEN AUX ÉNERGIES FOSSILES}}, institution = {Reclaim Finance}, year = {2025}, month = apr, url = {https://reclaimfinance.org/site/wp-content/uploads/2025/04/ECB_Collateral_April2025_Fr.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }