Bank of England says to launch climate change tests

Terra Daily


London (AFP) Nov 9, 2020

Bank of England governor Andrew Bailey said Monday that it will next year test the exposure of Britain's commercial lenders to climate change risks, under an assessment delayed by coronavirus. Bailey, speaking at a virtual summit on green finance, also defended the British central bank's decision to try to help all virus-hit companies, including those that pollute the environment. "When

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