Headlines
ECB's Villeroy: US move to leave Paris climate deal regrettable, unsurprising
Published by Global Banking & Finance Review®
Posted on January 21, 2025
1 min readLast updated: January 27, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on January 21, 2025
1 min readLast updated: January 27, 2026
ECB's Villeroy finds US exit from Paris climate deal regrettable but unsurprising, emphasizing ongoing commitment to environmental finance.
PARIS (Reuters) - U.S. President Donald Trump's decision to leave the Paris climate accord for the second time was regrettable but unsurprising, Francois Villeroy de Galhau, a European Central Bank official, said on Tuesday.
"We regret Mr. Trump's announcement to leave the Paris Agreement, which was not a surprise," Villeroy, who is also the French central bank chief, said in an interview with Bloomberg TV from the annual gathering in Davos, Switzerland.
Even before Trump returned to office on Monday, the U.S. Federal Reserve withdrew from the Central Banks and Supervisors Network for Greening the Financial System, a group launched in 2017 to police environmental risks in finance.
But Villeroy said the group, which still has more than 140 members, "is more committed and active than ever."
(Reporting by Makini Brice, Editing by Charlotte Van Campenhout and Christina Fincher)
The main topic is the US decision to leave the Paris climate deal and its implications.
Villeroy's reaction highlights the ECB's stance on climate finance and the importance of international cooperation.
It's a group focused on addressing environmental risks in finance, with over 140 members.
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