9 Amendments of Aurore LALUCQ related to 2021/2063(INI)
Amendment 19 #
Motion for a resolution
Citation 15 a (new)
Citation 15 a (new)
— having regard to the ECB economy-wide climate stress-test of September 2021,
Amendment 52 #
Motion for a resolution
Recital E a (new)
Recital E a (new)
E a. whereas 150 banks (<10% of total banks) account for 30% of total exposures to climate transition risks and physical risks and account for 60% of total emissions in the Eurozone; whereas, without orderly and rapid action on climate change, these banks suffer significant transition risks and would be five times more vulnerable than other banks to defaults in their portfolio as a result of climate change;
Amendment 58 #
Motion for a resolution
Recital E b (new)
Recital E b (new)
E b. whereas the main physical risks identified in the ECB's economy-wide climate stress test are the risks of wildfires, which is unequally distributed in the Eurozone; whereas transition risks due to exposures in high-emitting industries are more equally spread in the Eurozone;
Amendment 62 #
Motion for a resolution
Recital E c (new)
Recital E c (new)
E c. whereas current price-increases due to gas shortages indicate the importance of the environmental transition to maintain price stability;
Amendment 193 #
Motion for a resolution
Paragraph 13 a (new)
Paragraph 13 a (new)
13 a. Considers that the ECB needs to use all of the tools at its disposal in order to fight and mitigate climate related risks for our economy including a greening of its portfolio assets and of its refinancing operations;
Amendment 241 #
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17 a. Considers that in its current form, the principle of market neutrality doesn't factor in negative externalities; deems that this therefore goes against the Treaty principle to ensure an "efficient allocation of resources" and excessively favours high-emitting sectors; Calls on the ECB to review its principle of market neutrality as soon as possible and replace it with a market efficiency principle that ensures the efficient allocation of resources over a long-term horizon;
Amendment 251 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Regrets the fact that green bond issuance in the EU represents only 2.6 % of the EU’s total bond issuance, but welcomes the creation of an EU Green Bond Standard as a way to increase the EU's dominance in this market; calls on the ECB to support the EU Green Bond Standard by creating space for their purchase in its asset portfolio;
Amendment 268 #
Motion for a resolution
Paragraph 19 a (new)
Paragraph 19 a (new)
19 a. Considers additional capital requirements and concentration limits for exposures to high emitting sectors an effective way to address the significant transition risks found in the ECB's economy-wide climate stress test;
Amendment 272 #
Motion for a resolution
Paragraph 19 b (new)
Paragraph 19 b (new)
19 b. Believes in this context that new fossil fuel investments should be fully equity funded;