Mark Carney, former Governor of the Bank of England, has been an active advocate of sustainability and renewable energy. He has stated that climate change is the greatest threat to the global financial system and that it is necessary to adopt urgent measures to face this challenge.
In his speeches, Carney highlights the importance of financial institutions considering the issue of sustainability in their decision-making. He argues that environmental risks pose a threat to business and that a broader approach to risk analysis is needed.
Carney has also been an advocate for adopting a “green finance” approach, which promotes investment in sustainable, low-carbon projects. He has encouraged banks to adopt more rigorous criteria in their credit analysis and to promote transparency in the disclosure of environmental, social and governance information.
Additionally, Carney has been an active supporter of the Paris Agreement and greenhouse gas emission reduction targets. He has been emphasizing that the transition to a low-carbon economy is inevitable and that companies and governments need to take a more proactive approach to meeting this challenge.
Carney's leadership has been instrumental in promoting sustainability in the financial sector and encouraging more responsible practices in the marketplace. More leaders need to be like him and understand the importance of concrete and immediate actions to face climate change.
