Sustainability and the fight against climate change has been gaining space in the debate on the future of the financial sector. Moves have been made although, for some participants in this industry, not enough. ‘Greenwashing’, that term to indicate behaviors that seem to be aligned with the new green wave but that hide others that go in the opposite direction, has been the label used on occasions to criticize some of the announcements that large entities have made in Spain and in Europe. Now, the European Central Bank also makes it their own to point out some advances in financial groups that are not reaping the results they were after.
Brussels ‘pardons’ four banks vetoed to place the debt with which it finances the recovery funds