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 Full text 
Tuesday, 11 February 2020 - Strasbourg Provisional edition

European Central Bank - annual report 2018 (debate)

  Sirpa Pietikäinen (PPE). – Mr President, I would like to wholeheartedly thank Ms Lagarde, and congratulate the European Central Bank (ECB) and its new leadership for, may I say, finally taking the climate and environmental risks as economic risks, as financial stability risks and, hopefully, also as systemic risks to be judged by the systemic risk board in the future.

I am very happy to hear that that is going to be reflected in the ECB’s strategy review, and I am looking forward to that. I hope that will be reflected in all of the ECB’s market operation that these substantial amount of financial flows we have to use either against or for the environment.

Also, I’m glad to hear that the Commission is moving rapidly with the sustainable finance package and a plea for both actors: please ensure that indicators, the metering system and the lifecycle analyses there is harmonised and, overall, used in the same methodology in different institutions so that we duly know what we are doing.

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