Carney speaks of ‘new’ financial system to support sustainable finance
Bank of England governor launches FAIR initiative
Achieving sustainable development goals will require more than just fixing the "fault lines" that caused the last financial crisis, the governor of the Bank of England has said.
Speaking in New York, Mark Carney said it was time to "build a new system" – one that delivers "sustainable" investment flows based on both "resilient" market-based and "robust" bank-based finance.
"We need finance for the long term," he said, outlining a system which would compile fair, aligned, inclusive and resilient
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