<iframe src="//www.googletagmanager.com/ns.html?id=GTM-K3L4M3" height="0" width="0" style="display:none;visibility:hidden">

Features Australia

Central banks are fake climate heroes

Changing weather patterns and ‘stranded assets’ don’t trigger systemic financial crises

2 September 2023

9:00 AM

2 September 2023

9:00 AM

The Bank of England has rejigged how it tenders for the polymer used in banknotes to reduce their carbon intensity. The UK central bank will investigate alternatives to gas-fired heating for its London headquarters and Essex printing works. Zoom calls are preferred to flights. Such are the details in the BoE’s first ‘Climate transition plan’ that was released in July and outlines how the central bank intends to reach net-zero emissions from its ‘physical’ operations by 2040.

Already a subscriber? Log in

Subscribe for just $2 a week

Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.

  • Unlimited access to spectator.com.au and app
  • The weekly edition on the Spectator Australia app
  • Spectator podcasts and newsletters
  • Full access to spectator.co.uk

Unlock this article


You might disagree with half of it, but you’ll enjoy reading all of it. Try your first month for free, then just $2 a week for the remainder of your first year.


Don't miss out

Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.

Already a subscriber? Log in