Mark Carney warns of potential 'catastrophic' climate impact on financial markets

James Murray
clock • 5 min read

As new study accuses IEA of underestimating level of disruption from clean power, Bank of England governor again stresses systemic risks presented by climate change

The governor of the Bank of England has once again warned that climate change could have a "catastrophic impact" on the global financial system. Speaking at a summit of central bank governors in Amsterdam,...

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Fossil fuel volatility threatens bleak winter for European economies

Fossil fuel volatility threatens bleak winter for European economies

New study calculates that every 10 per cent increase in oil and has prices pushes up European inflation by up to 0.36 per cent

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