Page 11 - கிரந்தம் ஆராய்ச்சி நிறுவனம் ஆன் காலநிலை News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bank of England unveils plans to set emissions targets for corporate bond holdings Share Bank of England | Credit: iStock Investment criteria set to be published this summer following consultation with industry, bank s executive director for markets confirms The Bank of England has unveiled plans to align its corporate bond purchase scheme (CBPS) with the UK s net zero target, publishing a major paper late last week that sets out proposals to introduce emissions targets for its holdings, while stepping up investment in greener activities and firms. In a speech at an event hosted by Bloomberg on Friday, the central bank s executive director for markets Andrew Hauser confirmed it planned to decarbonise its corporate bond buying scheme (CBPS) and take action to ensure that the stimulus scheme - which has long been critcicsed for financing high-carbon firms and activities  - delivers a net zero economy.

United kingdomAndrew hauserDavid barmesCentre for sustainableUniversity of londonEuropean central bankEuropean unionLondon school of economicsGrantham research institute on climateMonetary policy committeeCorporate bond purchase schemePositive moneyGrantham research instituteClimate changeLondon schoolSustainable finance