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HomeEconomyECB's Lagarde: Climate change has clear impact on inflation

ECB's Lagarde: Climate change has clear impact on inflation

BERLIN (Reuters) – The European Central Bank needs to take climate change into account when making decisions because it has clear implications, especially on inflation, the president of the European Central Bank said in an interview published on Thursday. .

“If more and more climate disasters, droughts and famines occur around the world, it will have an impact on prices, insurance premiums and the financial sector,” Christine Lagarde in said in an interview with Mrs. Figaro. “We need to take that into account.”

She also said she could imagine that different environmental, social and governance standards will soon be harmonized and tightened.

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