MEPs endorse ECB role in climate action

The European Central Bank (ECB) has a role to play in climate action, members of the European Parliament committee on economic and monetary affairs said on Thursday.

MEPs approved by 40 votes against five a report assessing the ECB’s policy that called for the bank to do more to address the issue, siding with its new president Christine Lagarde, who has several times called for greater climate ambition. 

The committee’s non-binding resolution will now have to be endorsed by the full parliament.

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