Climate-vulnerable countries across the Global South are facing a vicious climate-public debt cycle. As the world heats up, they will …
climate crisis
New Green Finance Strategy silent on winding down fossil fuel finance, say experts
LONDON, 6th April 2023 Download the full letter: [pdf] and accompanying briefing [pdf]. Experts have warned that the government’s new …
Reining in fossil finance is key to fighting inflation, report urges
London, Tuesday 22nd November 2022 Latest green ranking of G20 central banks argues that support for the green transition is key to …
75 leading thinkers call for an overhaul of green finance rules
Ahead of the Bank of England’s Financial Stability Report, 75 leaders from civil society and academia have written to the government calling …
Stress tests show climate delay could cost banks an extra £110bn
London, 23rd May 2022 The Bank of England has published the results of its climate ‘stress tests’, which assess the resilience of UK …
Sunak updates BoE remit: Positive Money response
Responding to the news that Rishi Sunak has today updated the remit of the Bank of England to support the government’s energy strategy, …
Banking on Climate Chaos: Positive Money Response
London, 30 March 2022 - The latest Banking on Climate Chaos report published today reveals that British banks continue to pour tens of …
Bank of England told to restrict fossil finance ahead of Financial Stability Report
London, 13th December 2021 Climate campaigners gathered outside the Bank of England today to demand that policymakers introduce …
Bank of England announces plan to green corporate bond purchases: Positive Money response
London, Friday 5 November 2021 Responding the the Bank of England’s announcement today on “greening” its Corporate Bond Purchase Scheme, …