Climate change presents huge opportunity, British Bank governor tells investors

Mark Carney addressed business leaders in London ahead of the COP26 climate change summit in Glasgow later this year.

The governor of the Bank of England, Britain's central bank, has described the fight against climate change as the “greatest commercial opportunity of our time”, as he launched a bid to unlock private finance for the cause.

The outgoing governor, who has been appointed as British Prime Minister Boris Johnson’s finance adviser for this year’s COP26 climate change conference in Glasgow, said all banks, insurers and investors need to adjust.