'Incoherent': Report calls for green overhaul of Bank of England finance policy

Michael Holder
clock • 6 min read

NGO Positive Money argues central bank needs new mandate to drive shift away from high carbon investments - or the UK risks missing its climate targets

The Bank of England needs a major overhaul of its monetary and financial policy to take better account of climate risk and boost green investment or the UK risks missing its statutory climate change targets,...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

Why the CCC wants the government to ensure consumers 'see the benefits of climate action in their bills'

Report: Global renewables progress off track, despite record increases in capacity

More on Investment

Survey: Nature increasingly seen as strategic priority for investors, despite ESG backlash
Investment

Survey: Nature increasingly seen as strategic priority for investors, despite ESG backlash

Nature increasingly recognised for its key role in driving both risks and returns, major survey of 500 investors worldwide suggests

Stuart Stone
Stuart Stone
clock 24 June 2025 • 4 min read
Survey: Business leaders favouring regions with strong net zero policies
Investment

Survey: Business leaders favouring regions with strong net zero policies

National net zero policies remain key to attracting corporate investment in the clean energy transition, major World Business Council for Sustainable Development (WBCSD) survey reveals

Amber Rolt
clock 24 June 2025 • 4 min read
Material Evolution secures funding from HSBC to build low-carbon cement business
Investment

Material Evolution secures funding from HSBC to build low-carbon cement business

Venture debt facility will be used to support next phase of Material Evolution's mission to decarbonise the construction industry

Amber Rolt
clock 20 June 2025 • 2 min read