Bank of England must better address climate risk to tackle inflation, WWF says

It is not the first time campaigners have urged the Bank to step up action on environmental risks (John Walton/PA) - (PA Wire)

The Bank of England must better address environmental risks to manage inflation and ensure the UK’s long-term financial stability, campaigners have said.

The central bank is being urged to take a series of actions, including developing more technical expertise on climate and nature-related risks to the economy, in a paper by wildlife charity WWF.