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UK lawmakers push for tougher financial institutions deforestation requirements
04 January 2024The UK government has been urged by a cross-party political committee to introduce mandatory reporting on deforestation and require financial institutions to carry out due diligence on their contribution to deforestation.
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Bank of England urged to reduce climate change risk exposure by lawmakers
25 January 2021The Bank of England (BoE) has been urged by a group of Members of Parliament to align its £20 billion ($27 billion) asset purchase programme to the Paris Agreement and require large firms receiving help from the taxpayer during the Covid-19 pandemic to provide climate disclosures.