German Federal Bank blocks climate financing through currency reserves

Many hopes rest on the use of special drawing rights at the International Monetary Fund to finance global climate action. But a survey by Climate.Table shows: The German Bundesbank, the German Ministry of Finance and the European Central Bank reject this instrument.

Bernhard Pötter

15. December 2022

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Bernhard Pötter

15. December 2022

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Last updated: 24. July 2025