ICMA’s ERCC publishes summary report following market consultation on the role of repo in green and sustainable finance
20 September 2021 ICMA’s European Repo and Collateral Council (ERCC) has published a summary report on the role of repo in green finance, following its consultation to reflect feedback received in response to a market consultation on the role of repo in sustainable finance which took place earlier this year. The consultation paper, issued in April 2021, was intended to serve as a starting point for promoting a broader discussion in the repo community on sustainability, as well as to explore the existing opportunities and potential risks in this area.
The report published today summarises the consultation feedback, highlighting the key themes raised in the 20 responses that have been submitted. Building on the consultation results, ICMA is considering with the ERCC next steps regarding potential guidance on repo and sustainability in close coordination with the Executive Committee of the Green & Social Bond Principles.