'Pioneering exercise': New Bank of England Governor to oversee climate stress-test

Michael Holder
clock • 4 min read

Andrew Bailey will take over at helm of UK's central bank in March, replacing Mark Carney who has been instrumental in pushing for climate risk transparency

The Bank of England has this week laid out further details of its plan to 'stress test' the resilience of large British banks and insurers against the risks posed by climate change and the net zero transition,...

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

Environmental journalist and editor

View profile
More from Michael Holder

'World first': ISO and UN launch global standard to advance action on SDGs

Study: Global clean steel transition achievable without hike in consumer costs

More on Policy

'Moving into the mainstream': Record number of heat pump grants issued in August
Policy

'Moving into the mainstream': Record number of heat pump grants issued in August

Last month saw highest ever number of discount vouchers issued in a single month since the Boiler Upgrade Scheme began in 2022

Michael Holder
Michael Holder
clock 24 September 2026 • 4 min read
'Only the starting line': Germany commits to fossil fuel phase-out by 2045
Policy

'Only the starting line': Germany commits to fossil fuel phase-out by 2045

Europe's largest economy targets complete departure from oil, gas, and coal in new fossil fuel transition roadmap

Stuart Stone
Stuart Stone
clock 24 September 2026 • 5 min read
SFI 'fiasco' sparks calls for bigger nature-friendly farming budget amid huge demand
Policy

SFI 'fiasco' sparks calls for bigger nature-friendly farming budget amid huge demand

MPs and environmental campaigners call for overhaul of how Sustainable Farming Incentive funding is allocated, after thousands of farmers were left high and dry when allocation window abruptly closed this week

Rachael Brown and Michael Holder
clock 24 September 2026 • 9 min read