BoE considering green conditionality for corporate bond-buying

Sarah Breeden
Sarah Breeden
Photo: Bank of England

The Bank of England may add environmental criteria to its corporate bond purchase facility’s eligibility requirements, one of its executive directors told lawmakers.

Sarah Breeden told a parliamentary committee that the BoE will also discuss with the UK Treasury whether it should add a green element to its mandate. Breeden oversees the BoE’s work on climate change.

“That is exactly what we are considering in relation to our corporate bond purchases,” she said. “In the context of the long-term

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