Central Banks and Net Zero

Central Banks and Net Zero

Sarah Breeden

Executive Director: Bank of England

The climate crisis has become one of the biggest threats to global economy, requiring the intervention of central banks. In this video, Sarah Breeden helps us understand the role of the Bank of England in supporting the economy from climate related risks. She briefly explains what science around climate change shows and then explains the future risks we face and the impacts that this will have.

The climate crisis has become one of the biggest threats to global economy, requiring the intervention of central banks. In this video, Sarah Breeden helps us understand the role of the Bank of England in supporting the economy from climate related risks. She briefly explains what science around climate change shows and then explains the future risks we face and the impacts that this will have.

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Central Banks and Net Zero

6 mins 47 secs

Overview

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

  • Comprehend the underlying climate change science and statistics

  • Understand the risks associated with climate change

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This video is now available for free. It is also part of a premium, accredited video course. Sign up for a 14-day free trial to watch more.

Summary
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Join now for more

This video is now available for free. It is also part of a premium, accredited video course. Sign up for a 14-day free trial to watch more.

Expert
Sarah Breeden

Sarah Breeden

Sarah Breeden is the Executive Director for Financial Stability Strategy and Risk at the Bank of England. She is responsible for guarding the wider economy against damage from the financial system. Sarah has worked at the bank for 30 years, most recently as head of International Bank Supervision.

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