Bank of England confirms climate risk review for banking sector planned

James Murray
clock • 2 min read

Update on the Bank's climate change work reveals review planned to assess whether banking sector is adequately addressing climate-related risks

The Bank of England provided an update on its on-going efforts to minimise the financial system's exposure to climate-related risks late last week, confirming a new review of the banking sector's response...

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

James Murray
Author spotlight

James Murray

View profile
More from James Murray

Government announces £7.3m funding boost for zero emission aviation firms

Polly Billington joins Department for Energy Security and Net Zero

More on Risk

Study finds June 2026 heatwave cost UK economy more than £1bn
Risk

Study finds June 2026 heatwave cost UK economy more than £1bn

Productivity losses linked to disruption to infrastructure services during record-breaking heatwave underscores need for greater climate resilience, experts claim

Michael Holder
Michael Holder
clock 23 July 2026 • 3 min read
Meat giant JBS's $6bn global expansion faces landmark legal challenge
Risk

Meat giant JBS's $6bn global expansion faces landmark legal challenge

Greenpeace has petitioned a Dutch court to force JBS to divulge details behind expansion plans, which the campaign group claims pose major threat to the climate, the environment, and human rights

Michael Holder
Michael Holder
clock 22 July 2026 • 4 min read
National Drought Group warns much of England has 'moved closer to drought status'
Risk

National Drought Group warns much of England has 'moved closer to drought status'

July saw only three per cent of the average rainfall, leading to restrictions on water use for millions of people, as water industry raises alarm over strain on supplies from data centre development

James Murray
James Murray
clock 21 July 2026 • 4 min read