Economists urge Bank of England to 'step up, not back' on climate change

clock • 3 min read
credit: iStock
Image:

credit: iStock

Letter to Governor of the Bank of England Andrew Bailey calls for Bank to push forward with urgent work to tackle escalating climate risks

More than 50 leading economists and campaigners have today written to the Governor of the Bank of England, calling for the Bank to step up its work "as a matter of urgency" to better align the financial...

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 Investment

'Preparedness pays': Climate-ready firms outperforming less prepared peers

'Preparedness pays': Climate-ready firms outperforming less prepared peers

New data from MSCI shows companies with robust climate strategies outperformed peers by 25 percentage points over the five years ended April 2026

clock 05 November 2026 • 4 min read
'Sensible evolution': FCA confirms new UK regulations for ESG ratings providers

'Sensible evolution': FCA confirms new UK regulations for ESG ratings providers

UK financial regulator sets out pathway for bringing providers of company environmental, social and governance (ESG) ratings for investors within its scope over the next two years

Michael Nelson, Investment Week
clock 04 November 2026 • 4 min read
'Losing momentum': Climate progress stalls for first time in six years at leading financial institutions

'Losing momentum': Climate progress stalls for first time in six years at leading financial institutions

CPI's latest Net Zero Finance Tracker warns the share of assets held by institutions progressing towards climate targets has declined over the past year

clock 04 November 2026 • 4 min read