Amid the coronavirus crisis, we risk backsliding on the progress we’ve made towards decarbonising our financial system. We must make sure …
climate crisis
PRESS RELEASE: Positive Money response to Bank of England QE announcement
Responding to the Bank of England’s announcement today that it will buy an additional £200bn worth of government and corporate bonds through …
More private debt isn’t the solution, this crisis calls for bold measures
Coordination between the Treasury and the Bank of England is welcome, but in the midst of a crisis, more private debt is not the answer. The …
Press release: Bank of England considering ‘game-changing’ brown-penalising factor for fossil fuel lending
In a letter published today, outgoing Bank of England governor Mark Carney has told the Treasury Select Committee that the central bank is …
Positive Money leads call for new Bank of England governor to step up climate action
More than 100 leading experts and civil society figures have signed a letter co-ordinated by Positive Money calling for the incoming Bank of …
Treasury urged not to backslide on climate promise in Budget
London, 24 February 2020 - Research and campaign group Positive Money has called on the Chancellor to add climate responsibilities to the …
The UK’s decoupling delusion: Have we really divorced economic growth and carbon emissions?
The claim that the UK economy has undergone an absolute decoupling of economic growth from carbon emissions is making the rounds, and is …
There will be no escape from fires and floods without a transformation of our economic system
As bushfires rip through Australia and a deluge floods Indonesia’s capital city, policymakers continue to place ecocidal economic growth …
Father Christmas visits the Bank of England
This morning Father Christmas helped us deliver an early Christmas present to the Bank of England to expose a dirty secret: its support for …