Lawmakers Warn Bank of England About Ungreen Covid Bond Buying

摘要

Bank of England Governor Andrew Bailey is missing an opportunity to fight climate change bybuying the debt of polluting companies with no green strings attached, a panel of lawmakerswarned.Parliament’s Environmental Audit Committee said the bank should buy low-carbon bonds. It alsosaid large companies that get support through the government’s Covid Corporate Financing Facilityshould be required to disclose their climate change risks.