Luis de Guindos: Speaking notes on climate-related risks Speaking notes by Mr Luis de Guindos, Vice-President of the European Central Bank, at roundtable event on climate-related risks at Bloomberg, Washington DC, 17 October 2019.
* * *  General remarks The ECB agrees that we need a deeper understanding of climate-related risks and a common language for discussing economic activities that can be considered environmentally sustainable. In particular, we welcome the development of a taxonomy of sustainable activities and support harmonised, firm-level reporting of carbon emissions related to corporate activities.