Budget 2020: Decarbonisation: the heat is on as climate change threatens system

The climate emergency affects all sectors of our economy, and responding to the risks involved is key

While there has been significant commentary over the past 12 months in relation to the climate emergency, including increased awareness of just how real it is, there has been much less debate about the consequences of the emergency for the stability of our financial system.

As we know only too well from recent experience during the property crash, central banks and financial regulators have a critical responsibility to understand the risks to the ...