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New Report: A Green Bank Of England

At an international conference of financial supervisors, Bank of England Governor Mark Carney described the ‘transition in action’ underway as central banks and the financial sector at large begin to address climate change. 

  • Rob Macquarie

Positive Money’s new report, released today, argues that while the initiatives so far represent welcome progress, policymakers should go further.

Desi 3cClimate change and the low-carbon transition are a central banking issue for two reasons.

On the one hand, climate-related financial risk threatens the stability of the financial system.

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