Archive

  • Bank of England adjusts collateral policy to consider climate risks

    17 June 2026

    The Bank of England will no longer accept bonds issued by corporates that derive revenue from thermal coal mining as collateral, as part of wider efforts to 'green' its lending and investments.

  • 'BoE climate bond buying shows promise for bigger programme'

    15 June 2026

    A minor reduction in the cost of borrowing shows that the Bank of England (BoE)'s climate-themed bond purchases could be more effective if the central bank repeated it with bigger investments, according to CDP and the London School of Economics.

  • Don't tweak credit ratings to reward good behaviour, says Bank of England

    01 May 2026

    While physical climate risk can help inform a credit rating, it is important not to tweak processes to reward sustainable behaviour, according to the Bank of England.

  • BoE climate lead flags risk of decline in insurance coverage

    11 February 2026

    The prospect of insurers reducing coverage in the face of increasing physical climate risks is being monitored by the Bank of England for potential spillover impacts on banks and households, according to the central bank's climate policy lead.

  • NGFS studying role of 'tipping points' in scenarios, says BoE climate lead

    11 February 2026

    Central bankers are considering if they can include "non-linearities and tipping points" in long-term climate scenarios, according to the Bank of England's climate policy lead.

  • UK prudential regulator says focusing on nature could weaken its effectiveness

    23 January 2026

    The CEO of the UK's Prudential Regulatory Authority has argued that it should not increase requirements on nature, in order to help it retain its "effectiveness".

  • Climate risk 'contagion' from delayed emerging markets transition flagged in UK review

    13 January 2026

    Growing climate-related risks in emerging markets and developing economies raise the prospect of "contagion" threatening global financial stability, according to a 120-page review commissioned by the UK government.

  • Data gaps not to blame for variation in financed emissions, says BoE blog

    29 August 2025

    High variation in banks' reporting of their 'financed emissions' tends to stem from the boundaries banks set for assessing this type of emissions - and not a lack of quality data, according to a blog by a climate risk manager at the Bank of England.

  • BoE falling behind on climate risk and needs strategy overhaul, says WWF

    19 August 2025

    The Bank of England has been criticised for its failure to advance its work on climate risk despite identifying it as a threat to the UK financial system, as WWF urged it to update scenario analysis it has not repeated since 2021.

  • Bank of England warns on 'carbon shocks'

    11 July 2025

    The UK's carbon pricing scheme helped drive a rise and fall in inflation in recent years, a senior figure at the Bank of England said, as it warned that climate risks have yet to be fully priced-in to markets.