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ARTICLE · 08 FEBRUARY 2023

ECB Publishes Climate-Related Statistical Indicators To Promote Assessment And Measurement

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On January 24, the European Central Bank (ECB) announced the publication of "new experimental and analytical indicators" that are intended

United StatesEnvironment
Sara Bussiere
Sara Bussiere
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On January 24, the European Central Bank (ECB) announced the publication of "new experimental and analytical indicators" that are intended to help analyze climate-related risks in the finance sector and monitor green transition. This development follows the ECB's detailed climate action plan announced in July 2021.

The indicators cover three areas:

  • Experimental indicators on sustainable finance. These indicators cover debt instruments issued or held in the EU that are labelled as "green," "social," "sustainability" or "sustainability-linked." The ECB observed that in addition to "boosting transparency, these indicators also help track progress on the transition to a net-zero economy. That said, the lack of internationally accepted and harmonised standards on what defines a green or sustainable bond makes the data less reliable overall."

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