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ECB Policymaker Warns Climate and Nature Crises Pose Dramatically Growing Risk to Global Economy
A senior European Central Bank policymaker, Frank Elderson, stated that the climate emergency and nature's breakdown present a dramatically growing risk to the global economy and financial stability. The ECB is increasing its monitoring of financial risks from ecosystem services destruction, with plans to publish analysis on credit loss dynamics for eurozone banks.
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Guardian International3 Min. Lesezeit
