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Stranded assets and climate change on Bank of England agenda
2015-02-27 12:48:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: The Bank of England has acknowledged that climate change could have an impact on the financial markets in a research agenda. The paper also notes that the move to a low-carbon economy could leave fossil fuel assets stranded. The discussion paper One Bank Research Agenda aims to improve the coordination and openness of the Banks research. The research agenda states, Fundamental changes in the environment could affect economic and financial stability and the safety and soundness of financial...
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Category:Electronics and Electrical