Economics
ECB Could Tilt Asset Purchases on Climate Risks, Weidmann Says
- Bundesbank president also calls for climate disclosures
- France’s Villeroy says ECB must do more to assess own risks
Jens Weidmann
Photographer: Alex Kraus/BloombergThis article is for subscribers only.
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The European Central Bank could tweak its bond-buying programs to safeguard its balance sheet against the risks from global warming if ratings agencies don’t move fast enough to adjust their own procedures, Governing Council member Jens Weidmann said.