Bank of England urged to do more to tackle climate crisis

<p>Environmental groups mark 10 years since Mark Carney’s ‘short-term horizons’ speech with plea to act ‘while there’s still time’</p><p>A coalition of 10 campaign groups is calling on the Bank of England to do more to tackle the climate crisis, a decade after the then governor Mark Carney warned of the “tragedy of the horizon”.</p><p>Carney, now prime minister of Canada, argued <a href="https://www.bankofengland.co.uk/-/media/boe/files/speech/2015/breaking-the-tragedy-of-the-horizon-climate-change-and-financial-stability.pdf">in a speech at Lloyd’s of London in September 2015</a> that the short time-horizons of politicians and policymakers made it difficult to tackle the climate emergency, despite the threat it posed to the global financial system.</p> <a href="https://www.theguardian.com/business/2025/sep/25/bank-of-england-tackle-climate-crisis-mark-carney-greepeace">Continue reading...</a>