Last-ditch effort to battle climate change

EPA/ANDY RAIN

Bank of England Governor Mark Carney proposals to fight climate change would probably be put to the G20 meeting in Turkey in November.

Bank of England governor says climate change poses a huge risk to global stability


The Bank of England governor jumped on the bandwagon against climate change on September 29, telling Lloyd’s insurers that challenges currently posed by climate change pale in significance compared with what might come.

“Once climate change becomes a defining issue for financial stability, it may already be too late,” Mark Carney said, proposing that firms should disclose not only what they are emitting today, but how they plan their transition to the net-zero world of the future.

Carney s...


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