Former BoE governor: the colour of money is now green

Former Bank of England governor Mark Carney says the sustainability revolution must come from private sector

8th November, 2020
Former BoE governor: the colour of money is now green
Mark Carney: praised Paschal Donohoe for backing green finance initiatives. Picture: Getty

Private capital will need to go green in the post-pandemic era, according to Mark Carney, the former governor of the Bank of England.

Carney told a virtual event held as part of Ireland’s Climate Finance Week that a green recovery from Covid-19 was the only way forward.

“In an environment coming out of Covid-19, we are going to need investment, and it is not all going to come from the public sector. In...

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