FRANKFURT – Greenpeace activists landed on the roof of a European Central Bank building Wednesday to drop a banner protesting the financial institution's loans policy, which climate activists say favors heavily polluting industries.
Activists used a powered paraglider to reach the roof of the reception building at the ECB's Frankfurt headquarters before unfurling their banner reading "Stop funding climate killers." Greenpeace said that a recent study showed the bank gives companies that produce large amounts of greenhouse gases better risk ratings, while climate-friendly industries are burdened with a greater margin between the market value of their assets and the value ascribed to it by the ECB.