Regulatory Alerts2025-10-01
Decision (EU) 2025/2056 of the European Central Bank amending Decision (EU) 2016/948 on the corporate sector purchase programme
The European Central Bank amends Decision (EU) 2016/948 to establish an interim emissions reduction target framework for the Eurosystem's corporate bond portfolios under the CSPP and PEPP. The framework mandates an annual assessment to ensure the weighted average greenhouse gas emissions intensity declines by at least 7% per annum since the 2021 base year. If emissions intensity exceeds the target, the Governing Council evaluates whether remedial actions are warranted, considering their proportionality and impact on price stability.
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