“In a significant move, it has integrated climate considerations into its corporate bond purchase scheme. The decision has been taken as part of a broader effort by central banks globally to incorporate environmental sustainability into their monetary policy frameworks.”
[COMMENTARY] The Bank of England, the European Central Bank, and a few other central banks are taking steps to assist in reducing climate change impacts on their financial systems. However, the U.S. Federal Reserve has stated no such intent to follow suit.
Bank of England Takes Strides Towards Green Investments, by Saboor Bayat, December 22, 2023, BNN Breaking, Hong Kong.