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Carney: Prudential regulation should avoid climate policy by 'back door'

Former Bank of England (BoE) governor Mark Carney has warned against using prudential regulation to implement climate policy "by the back door".

Carney: EU Taxonomy 'still too narrow'

Former Bank of England governor Mark Carney has reiterated that the EU Taxonomy for Sustainable Activities remains "quite proscriptive" despite recent revisions, while he is optimistic it will become richer through the addition of transition activities in the future.

Carney: sovereigns benefit from green bond market 'success story'

Former Bank of England (BoE) governor Mark Carney has described green bonds as a "success story", while lauding the benefits of sovereign issuers entering the market.

UK regulator proposes tightened climate-risk disclosure demands

The UK financial services regulator has announced it is considering new climate-related disclosure requirements for most of the major firms listed in the country, despite disappointment from campaigners that its proposals were not mandatory.

Carney makes TCFD push at launch of COP26 private finance agenda

Mark Carney has used the launch of COP26's private finance agenda to urge financial institutions to conduct climate stress tests and disclose comprehensive climate-related information.

Standards being prepared for collateral for green covered bonds

The European Covered Bond Council (ECBC) is devising standards to define assets that are eligible for the collateral pools for energy-efficiency covered bonds.

Transition-focused index backed by Church of England pension

The pension board of the Church of England (CofE) has allocated £600 million ($780 million) to a fund tracking a first-of-its-kind, custom-made, climate transition index, and issued a rallying call for other pension funds to follow.

Carney: Financial sector moving too slowly on climate

The global financial sector is moving too slowly to curb the negative impacts of climate change, the governor of the Bank of England has said.

BoE widens climate risk stress test to banks

The Bank of England (BoE) has outlined proposals to stress test banks and insurers on climate risk as part of its 2021 testing round.

EBA plans climate stress test