London, 16 April 2020 - Research and campaign group Positive Money has criticised Bank of England (BoE) governor Andrew Bailey for “breaking …
climate crisis
Climate culprits retain eligibility for Bank of England’s coronavirus corporate QE expansion
The Bank of England’s list of eligible bonds for its corporate QE programme still includes the likes of BP, Shell, Total and a range of …
Coronavirus QE must also be green: Andrew Bailey needs to stick to his word
Amid the coronavirus crisis, we risk backsliding on the progress we’ve made towards decarbonising our financial system. We must make sure …
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 …
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 …