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World Bank, Bank of England urge speed on climate
2016-04-15 11:49:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate Home: Mark Carney and Jim Kim warn window of opportunity to reduce emissions is closing, call for greater transparency on climate risk from big business Waiting for the Paris Agreement to solve climate change is not an option, the heads of the Bank of England and World Bank told finance leaders in Washington on Thursday. Speaking on the sidelines of the IMF/World Bank Spring meeting, Mark Carney and Jim Kim painted a bleak picture of the level of global climate risk awareness. Only a third of...
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Bank of England fines QIB's UK arm 1.4m
2016-04-08 12:30:42| BBC News | Business | UK Edition
The Bank of England imposes a fine of 1.385m on Qatar Islamic Bank's UK arm, QIB (UK), for failing to meet "some of the most basic regulatory standards".
Bank of England cuts growth forecast
2016-02-04 14:50:18| BBC News | Business | UK Edition
The Bank of England cuts its forecast for economic growth this year from 2.5% to 2.2%.
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From Bangladesh flood map to Bank of England, 'carbon bubble' is born
2015-12-07 01:12:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: Poring over a Bangladeshi flood map as a London financial analyst 12 years ago, Mark Campanale had no idea the moment would spawn a financial concept powerful enough to rivet central bankers, anger oil moguls and fuel a grassroots movement to get investors to dump their fossil fuel holdings. The map was in the prospectus of a British firm seeking to raise money to build a coal-fired power plant in Bangladesh. Not only was Campanale angry that a company would pump more carbon emissions into the...
The Bank of England opens up
2015-11-12 14:55:40| BBC News | Business | UK Edition
The Bank of England says it wants to hear from you
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