FOR IMMEDIATE RELEASE London, 21 May 2021 In the first detailed proposal since the Treasury added a green objective to its mandate in …
monetary policy
MPs: Bank should consider higher capital for fossil fuel lending – Positive Money response
FOR IMMEDIATE RELEASE London - 22 April 2021 The cross-party Treasury Committee has today published unanimously-agreed recommendations on …
Leaders and Laggards: Keeping score of green central banking in the G20
The world’s biggest central banks and financial supervisors are all talk and no action on tackling the climate crisis. Positive Money’s …
Central banks failing to match green rhetoric with action – report
FOR IMMEDIATE RELEASE Absence of high impact climate policies among G20 central banks, report reveals London, 31 March 2020 - Monetary …
Sunak urged to stop bankers fuelling climate crisis in Budget
London, 24 February 2021 Rishi Sunak should use his upcoming Budget to enable the Bank of England to shift billions of pounds away from …
Sunak must make sure BoE doesn’t water down climate ambition
London, 4 Feb 2021 Responding to comments from Andrew Bailey that suggest the Bank of England intends to ‘incentivise’ fossil fuel …
Sunak’s green finance plans come under fire from experts – Press Release
London, 16 November 2020 The government’s newly outlined approach to green finance has already come under criticism for relying too …
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 …
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 …