Last update: 28/09/2020

CONSULTATION ON THE ECB DRAFT GUIDE ON CLIMATE RELATED AND ENVIRONMENTAL RISKS - FEBEA ANSWER

Monday, 28 September, 2020
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FEBEA, thanks to the inputs provided by its members, has submitted an answer to the ECB public consultation on the draft guide on climate-related and environmental risks. 

FEBEA answer's underlines in particular the need for:

proportionality, taking in consideration the capacity of local, community-rooted financial intermediaries;

- a flexible, bottom-up approach in line with the capabilities of final beneficiaries

- a long term, quantitative, consistent impact measurement methodology

- an adequate level of knowledge and understanding of climate risks and ESG issues at management level.


Read more on the consultation