Sector Regulation Sector Regulation

Financial system can only fund climate-change fight with sectoral plans, BOE's Breeden says

By Fiona Maxwell
  • 19 Jul 2021 12:16
  • 19 Jul 2021 12:16
Banks and insurers need a sector-by-sector transition plan from the government to know what needs investment, the Bank of England’s climate lead said today.

Sarah Breeden, who has recently taken up a new role as executive director for financial stability strategy and risk, told lawmakers that banks, insurers and other investors need further

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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