• Carney: EU Taxonomy 'still too narrow'

    25 March 2020

    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'

    19 March 2020

    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

    09 March 2020

    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

    27 February 2020

    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.

  • Transition-focused index backed by Church of England pension

    30 January 2020

    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.

  • Australia's insurers to face climate stress tests in 2020

    31 December 2019

    Australia's insurers are to undergo stress tests next year linked to the possible effects of climate change on assets they hold, reports say.

  • Carney: Financial sector moving too slowly on climate

    30 December 2019

    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

    18 December 2019

    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

    11 December 2019
  • Carney: EU taxonomy is binary - we need 50 shades of green

    24 September 2019

    The EU's taxonomy on sustainable activities is "a good start", but a "richer" taxonomy that does not take a binary approach is needed, said Bank of England governor Mark Carney.