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Decision (EU) 2024/190 of the European Central Bank of 15 December 2023 amending Decision (EU) 2016/948 on the implementation of the corporate sector purchase programme (ECB/2016/16) (ECB/2023/38)

CELEX
32024D0190
Document type
DEC
Sector
Legislation
Date of document
2023-12-15
In force since
2024-01-25
Status
In force

Text

Article-level text, parsed from the formex manifestation.

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

1 The benchmark allocation referred to in Article 4(3) shall incorporate climate change considerations, in particular in order to manage the Eurosystem’s exposure to climate-related financial risks, in accordance with the methodology approved by the Governing Council, including the elements thereof set out in the 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.’

Article 2 Entry into force

This Decision shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

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