BoE’s Bailey: Case not yet made for climate-related capital requirements
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BoE’s Bailey: Case not yet made for climate-related capital requirements

Laura Board
01 June 2021
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The Bank of England (BoE) has yet to see hard evidence that climate change should be incorporated into capital requirements, said Governor Andrew Bailey.

In a speech today on the role of central banks in “tackling climate for real”, Bailey said lowering requirements for “green” exposures and raising them for carbon-intensive ones “would need to be grounded in robust data and be designed...

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Laura Board
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