European Central Bank to set up climate change center


FRANKFURT, Jan. 25 (Xinhua) -- The European Central Bank (ECB) on Monday announced decisions to set up a climate change center and to invest in Bank for International Settlements' (BIS) green bond fund, underlining its commitment towards climate agenda.

A climate change center is meant to bring together the work on climate issues in different parts of the central bank, the ECB said in a statement. "Climate change affects all of our policy areas," ECB President Christine Lagarde was quoted as saying.

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