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The General Bank of Britain, who resigned with the risk of England, climatic and nature, re-leaving the Central Bank’s financial sector and neglected the Central Bank.
Six people who leave Boe The governor of climate change in the financial time between 2020 and last year was missing by the governor of Andrew Bailey, he said. Some said that the organization was avoiding the risks accepting the attention as “soft” and avoid measuring the amount.
Because Bailey Mark Carney was taken out of the main control, there was no serious risk as part of the climate risk, some employees were annoyed by some of the career progress and others.
“His censorship and walks were a repeated example,” he said.
The other former staff said: “The biggest risks looking at the financial system … climate and the risk of the environment. . . And just felt the bank to solve these things. “
Between 2013 and 2020, Carriay was one of the first central bankers, emphasizing the problem of increasing the growing temperature to financial stability 10 years ago “tragedy on the horizon“These lenders and insurers could not assess the price.
However, in recent years, the discussions on the intervention of central banks to minimize climate risks in the financial system, especially the US President Donald Trump has changed since the transition to climatic activities.
Last month, Governor Sarah Breeden said for the financial stability of Boe His “must remain in the swimway” When resolving the financial risks of climate change.
The BOE BOE official said: “It is important not to attend a certain policy; just pointing to the risks.”
Climate change displayed on a list of four critical government policy BoeThe Financial Policy Committee, in order to protect financial stability, until 2023, then when the Chancellor Jeremy removes it, it was instructed to support the Committee on Financial Policy.
Any About the change In February last year, Bailey said: “There is a risk of financial stability. We ignored this.” But he added: “The depth of what we do and the eni will be back.”
Boe leaders recently spoke about the relevance of the departments on the analysis and management of the city of London. A high-ranking official said that now “in the middle of the package”, the European Central Bank is “behind the lead” and the US federal reserve. “
However, former workers have been afraid of the change of priorities, but behind the private sector of BOE’s technical risk, even the private sector said The impact of climate change Intensified in the UK.
According to several former employees, the developments offered for Boe’s Boe control and supervision of insurers, several former employees. “I felt very nervous that we could not really investigate what happened in these companies,” he said.
A person working at the risk of climate for insurers, the working hours in this area were cut between 2022 and 2024.
The former four workers also said that the risks of nature – for example, the depletion of dusting or depletion – was a certain blind point.
Last year he preferred not to put the name of Boe to the Green Finance Institute paper This is reported that those who have hit GDP from the risks of the UK in the UK may be greater than the risks or Covid-19, who are familiar with the issue.
Boe said: “If the government is responsible for climate policy, the climate risk threatening our goal is part of the bank’s ugly and therefore we are trying to take action.”
ECB and other central banks, including Singapore’s reputation, time-to-date focus and economic risks, economic policies and economic policies, and at the same time, have focused on periodic attention to the public policy.
However, there are still controversy among forecasts, trade, and regulators how systematic the system of these risks is systematic. “They are pebbles for a diversified financial group,” he said. “Most people (finance) do not give a monkey on climate change.”
According to this attitude, the climate and natural work became a priority, a man familiar with Boe’s current work. “There is a lot of catastrophic for non-catastrophic humanity for finance,” he said.
However, a large Boe official said that his chairmen had already accepted the seriousness because of his chairmen had the need for additional control due to the risk of climate risk.
Boe’s only climate stress test, average of 10 percent, banks and insurers in 2021-22, “Drag the profit on the income”.
However, the scenarios where Central Banks are always in the analysis of climate are not always determined, “or most likely or the most severe “Potential results,” Boe delegation said last year.
The test of the Central Bank has occurred every two years, but not yet recurrent. “They need to invest in proper experience,” he said.
Boe’s prudential regulation body and financial behavior powers, set up a climate finance risk forum for a published industry and regulators guide In the risk associated with nature in last October.
The Central Bank appreciates the compliance with the purpose of financial stability of financial risks associated with nature and this is also advisable Updated control expectations For banks and insurers in the climate, they want to make “gaps” about how to solve the risks of climate change.
Earlier, the head of the strategy in Banque de Franque Morgan Després, this was rejuvenated to the climate work. However, he said in recent years, Boe’s “be careful, the name of your name. The climate was not so important.”
