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...

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

More on Risk

Why the Arthur's Seat burn is a cautionary tale for the UK's wildfire management strategy
Risk

Why the Arthur's Seat burn is a cautionary tale for the UK's wildfire management strategy

The UK is facing growing wildfire risks, but it can learn from countries that have become increasingly adept at managing the threat posed by more intense fires

Elliot Convery-Fisher, Royal Botanic Garden Edinburgh - The Conversation
clock 29 August 2025 • 5 min read
Study: Climate-driven wildfires reversing clean air progress in the US and Canada
Risk

Study: Climate-driven wildfires reversing clean air progress in the US and Canada

Latest Air Quality Life Index (AQLI) warns of 'growing trend' of wildfires increasing particulate pollution across North America

Amber Rolt
clock 29 August 2025 • 3 min read
Two thirds of top protein producers accused of failing to manage water risks effectively
Risk

Two thirds of top protein producers accused of failing to manage water risks effectively

Research from investor-backed FAIRR Initiative finds only a fifth of leading protein companies have targets for tackling water insecurity

James Murray
James Murray
clock 26 August 2025 • 3 min read