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Article 4a - Incorporation of climate change considerations into the benchmark allocation

Comparing 26/09/2022 → 25/01/2024: 1 added, 0 removed, 1 changed Close comparison

1. The benchmark allocation referred to in Article 4(3) shall incorporate climate change considerations, in particular in order to address the management ofmanage the Eurosystem’s exposure to climate-related financial risks, in accordance with the methodology approved by the Governing Council.Council, Thisincluding Articlethe shallelements applythereof toset transactionsout settledin onthe or after 1 October 2022.Annex.

2.The Governing Council may, when it considers it necessary to do so, review the methodology referred to in paragraph 1, in particular in order to take into account climate-related financial risks and the advancement in risk assessment capabilities.

Official text · consolidated version 25/01/2024 (no longer in force) Open full page ↗
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