Labour report proposes incorporating Bank of England in green finance push

A report commissioned by the UK Labour Party advocates incentivising green lending by tweaking the operations of the Bank of England, through changes to the collateral framework and the corporate bond purchase programme, as well as through changing banks’ capital requirements.

  • By Jasper Cox
  • 04 Nov 2019

In promoting the use of these levers, the report tackles an area unexplored by the UK government’s own Green Finance Strategy published in July. It criticises the government’s report for not suggesting specific measures to discourage "brown" finance.

Ideas like greening purchase programmes and banks’ ...

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Global Green Bonds

Rank Lead Manager Amount $b No of issues Share %
  • Last updated
  • Today
1 Bank of America Merrill Lynch 13.40 57 7.42%
2 Credit Agricole CIB 10.17 61 5.63%
3 BNP Paribas 9.85 60 5.45%
4 HSBC 9.65 70 5.34%
5 JPMorgan 8.27 54 4.58%