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The Bank of England says it will make its $28 billion corporate bond-buying scheme greener - as climate change moves up the agenda
1 month ago - By Business Insider
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The Bank of England is set to tweak its $28 billion corporate bond program to make it greener.
The UK government told the Bank on Wednesday that it should take climate change into account.
Campaigners have criticized the Bank's bond-buying for funding big polluters.
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The Bank of England has said it plans to make its £20 billion corporate bond-buying program greener after the UK government told it to start taking climate change into account.
UK chancellor Rishi Sunak on Wednesday changed the...
Read more ...The Bank of England says it will make its $28 billion corporate bond-buying scheme greener - as climate change moves up the agenda
1 month ago - By Business Insider
The Bank of England had expressed a desire to tweak its corporate bond purchases
Dan Kitwood/Getty Images
The Bank of England is set to tweak its $28 billion corporate bond program to make it greener. The UK government told the Bank on Wednesday that it should take climate change into account. Campaigners have criticized the Bank's bond-buying for funding big polluters. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The Bank of England has said it plans to make its £20 billion corporate bond-buying program greener after the UK government told it to start taking...
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