Description
Trevor Allen, Head of Sustainability Research
Paola Lamedica, Head of Credit ESG and Derivatives Strategy
Sumati Semavoine-Jain, Sustainability Research Analyst
Trevor, Paola and Sumati respond to Isabel Schnabel’s recent speech on greening the ECB bond portfolio.
The ECB's tilt towards Green and sustainable bonds will remain strong.
Within the most polluting sectors, they expect the highest emitters to come under increased scrutiny by the ECB, as they wish to incentivise corporates to aim for the best-in-class in their sector.
In the public sector space, they think the ECB to buy a larger share of sustainable bonds issued by supranationals and tilt sovereign and agency purchases towards Green bonds.
BNP Paribas London Branch | Global Markets (Recorded 26 January 2023)
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