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Trump Can’t Derail Climate Agenda, Senior ECB Official Says

Bloomberg · last updated

Europe’s determination to include climate risk in financial regulations won’t be thrown off track by the Trump administration’s interventions, according to a senior European Central Bank official.

“We always go back to our mandate,” Irene Heemskerk, head of the ECB’s Climate Change Centre, said in an interview. “We see climate and environmental risk — regardless of any political wind that goes around — as relevant for banks to manage.”