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Home»Science & Environment»Banks Ignore Transition Risk at Their Own Peril, ECB Warns
Science & Environment

Banks Ignore Transition Risk at Their Own Peril, ECB Warns

Alastair Marsh, Laura MillanBy Alastair Marsh, Laura MillanJanuary 19, 2026No Comments1 Min Read
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Banks Ignore Transition Risk at Their Own Peril, ECB Warns
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www.bloomberg.com

This summary is under 100 words:

Today’s Green Daily highlights two major contradictions in environmental policy. At the World Economic Forum in Davos, leaders downplayed the urgency of climate change, prioritizing energy security and economic stability over aggressive green transitions. Meanwhile, in stark contrast, China—a global leader in renewable energy—reported record-high coal production. This surge in fossil fuel output underscores the complex balancing act facing major economies: meeting immediate energy demands and ensuring grid reliability while attempting to fulfill long-term climate commitments. Together, these developments reflect a global climate paradox where pragmatic energy needs often challenge ambitious environmental goals.



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Alastair Marsh, Laura Millan

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