Bank of England admits bond portfolio out of step with Paris climate goals

Cecilia Keating
clock • 3 min read

Central bank publishes first ever climate risk assessment revealing non-gilt holdings aligned with whopping 3.5C global warming scenario

The Bank of England has revealed that parts of its investment portfolio currently support up to 3.5C of global warming by the end of the century, a rise in average temperatures that would shoot far over...

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

Cecilia Keating
Author spotlight

Cecilia Keating

View profile
More from Cecilia Keating

We need the transition to a low-carbon economy to reverse historic injustices

Why the Women in Green Business Awards is more important than ever

More on Risk

Rising pest risks: How the Met Office is helping to safeguard UK crops
Risk

Rising pest risks: How the Met Office is helping to safeguard UK crops

With climate change driving up temperatures new pests are increasingly becoming established in the UK, which the Met Office warns poses a growing threat to agriculture and forestry

Ashleigh Ellwood, Farmers Guardian
clock 16 February 2026 • 2 min read
How can businesses build the investment case for climate resilience?
Risk

How can businesses build the investment case for climate resilience?

BusinessGreen's latest Spotlight webinar brought together a raft of top experts to explore how companies can better understand looming climate impacts and build the business case for adaptation investment

Stuart Stone
Stuart Stone
clock 16 February 2026 • 10 min read
How can businesses better integrate climate resilience into their core strategies?
Risk

How can businesses better integrate climate resilience into their core strategies?

As climate impacts become clearer, most firms are still only at the foothills of building robust resilience strategies - BusinessGreen's latest roundtable heard from a range of sustainability execs on how they are grappling with escalating risks

Michael Holder
Michael Holder
clock 11 February 2026 • 8 min read