The Bank of England was charged with promoting the good of the people of the UK nearly 300 years ago. Whilst this mission is centred around monetary and fiscal stability, their approach to fulfilling it has developed in tandem with the economy. Over the last few years the bank has begun to assess the impact that climate change will have on this stability, and now takes a front-row seat in the fight against climate change.
Key learning objectives:
Understand the role of the Bank of England in supporting the economy
Examine the underlying climate change science and statistics
Assess the risks associated with climate change