Bank of England on Climate Change

The Bank of England has taken a leadership position on climate change for a number of years.

Governor Mark Carney’s ‘Tragedy of the horizons’ speech set out how the Bank viewed the issue of climate risk and his involvement in the work of the FSB TCFD framework has put climate change on the agenda for many companies.

In September 2018 the regulatory arm of the Bank, the PRA, published a new paper Transition in thinking: The impact of climate change on the UK banking sector.

Further information about the Bank’s climate-related work can be found in the Quarterly Bulletin article (June 2017) on the Bank’s response to climate change, or on the Bank’s climate change page

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