To support our efforts to align with a Paris-compatible transition path, we have recently started disclosing our exposures to climate-related financial risk. [9] We will regularly review our measures to ensure that they are fit for purpose and aligned with the objectives of the Paris Agreement and the EU’s climate neutrality objectives. Conclusion Let me conclude.
If the macro-financial developments of the past year have taught us anything, it is to remember the importance of having dedicated institutions responsible for maintaining price stability and the soundness of our financial system. As central bankers and supervisors, this is our job. We are not climate and environmental policymakers. We are climate and environmental policy takers.