Announcements about the UK government’s first green bond and mandatory climate risk disclosure are welcome steps, but they’re also baby …
Bank of England
Rishi Sunak’s sending mixed messages
Today’s announcements from the Bank of England and Rishi Sunak show welcome signs of close cooperation, but sadly the Chancellor is still …
Sunak needs to pull his weight and spend more, after BoE buys up £150bn more bonds
London, 5 November 2020 - Responding to the Bank of England announcing another £150bn of quantitative easing (QE) ahead of the Chancellor’s …
Banks fuel climate crisis to the tune of £1.9 trillion
A new report released this week reveals the true extent to which banks are fuelling the climate crisis. We must demand greater action from …
Bank of England to take greater heed of climate crisis in future asset purchases
A senior Bank of England official announced today that the Bank is seeking the Treasury’s backing to incorporate climate risk into its asset …
Bank of England confirms plans to incorporate climate into asset purchases: Positive Money response
A senior Bank of England official announced today that the Bank is seeking the Treasury’s backing to incorporate climate risk into its asset …
Why negative interest rates won’t save us
While the prospect of negative interest rates is hitting the headlines on a weekly basis, they’re simply the wrong choice - with limited …
Positive Money pushes the government to move faster on greening the post-Covid recovery
Giving evidence to the Environmental Audit Committee last week, Positive Money Executive Director Fran Boait told MPs that the Bank of …
Bank of England hints at climate conditions for future bailouts
The central bank is under fire from MPs for its Covid bailout scheme’s failure to protect jobs and the environment. The Bank of England …