ECB: Banks are not as “green” as they do

Banks in particular, which attach great importance to the environment and climate from the outside world, are likely to lend the most to environmentally damaging industries. This is a surprising finding from a study by economists that the European Central Bank (ECB) presented in a blog post on its website on Wednesday. “The results shed light on a serious discrepancy: Banks that present themselves as more environmentally conscious lend more to b…