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climate neutral continent

The European Union plans harness banks and markets to funnel hundreds of billions of euros annually into sustainable investments and create the first “climate-neutral continent” by 2050. The European Central Bank will then calibrate the right pace for the transition by setting intermediate targets for the financial sector. The bloc’s banking watchdog will bring forward to 2023 its ongoing assessment of capital charges for exposures to environmental and social activities. Do you think that the bloc has also greatly contributed to climate change ?

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