Capitalism is part of solution to climate crisis, says Mark Carney

clock • 3 min read

Bank of England governor says firms that ignore crisis 'will go bankrupt without question'

Capitalism is "very much part of the solution" to tackling the climate crisis, according to the governor of the Bank of England, Mark Carney. Challenged in an interview by the Channel 4 News presenter...

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More on Risk

Swiss Re: Global insured natural catastrophe losses hit $42bn in the first half of 2026

Swiss Re: Global insured natural catastrophe losses hit $42bn in the first half of 2026

Lowest first-half losses since 2020 'does not mean the risk has gone away’, Swiss Re warns, as record heat and dry conditions set the stage for active wildfire season

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