Assessing the Bank of England\u2019s climate risk collateral reforms for their greening potential - Grantham Research Institute on climate change and the environment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/news\/assessing-the-bank-of-englands-climate-risk-collateral-reforms-for-their-greening-potential\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Assessing the Bank of England\u2019s climate risk collateral reforms for their greening potential - Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"og:description\" content=\"This commentary proposes that The Bank of England and the Government work together to help create a robust climate risk framework that supports financial risk management, while driving an equitable green transition.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/news\/assessing-the-bank-of-englands-climate-risk-collateral-reforms-for-their-greening-potential\/\" \/>\n<meta property=\"og:site_name\" content=\"Grantham Research Institute on climate change and the environment\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-12T11:40:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.lse.ac.uk\/granthaminstitute\/wp-content\/uploads\/2024\/11\/greener_mortgage.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"427\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/news\\\/assessing-the-bank-of-englands-climate-risk-collateral-reforms-for-their-greening-potential\\\/\",\"url\":\"https:\\\/\\\/www.lse.ac.uk\\\/granthaminstitute\\\/news\\\/assessing-the-bank-of-englands-climate-risk-collateral-reforms-for-their-greening-potential\\\/\",\"name\":\"Assessing the Bank of England\u2019s climate risk collateral reforms for their greening potential - 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{"id":75844,"date":"2024-11-06T13:59:23","date_gmt":"2024-11-06T13:59:23","guid":{"rendered":"https:\/\/www.lse.ac.uk\/granthaminstitute\/?post_type=news&p=75844"},"modified":"2024-11-12T11:40:08","modified_gmt":"2024-11-12T11:40:08","slug":"assessing-the-bank-of-englands-climate-risk-collateral-reforms-for-their-greening-potential","status":"publish","type":"news","link":"https:\/\/www.lse.ac.uk\/granthaminstitute\/news\/assessing-the-bank-of-englands-climate-risk-collateral-reforms-for-their-greening-potential\/","title":{"rendered":"Assessing the Bank of England\u2019s climate risk collateral reforms for their greening potential"},"content":{"rendered":"\n

By updating its collateral framework to reflect climate risks, the Bank of England not only protects its balance sheet but also encourages greener mortgage lending by commercial banks – but there is room to go further and complementary Government policy is needed to ensure equitable outcomes, write Irene Claeys, Ram Suresh Kumar and David Barmes in this CETEx commentary.<\/p>\n\n\n\n

External link to commentary

<\/p>\n\n","protected":false},"excerpt":{"rendered":"\n