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)
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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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