Carbon Emissions
Commons · Question 76417 · Tabled 10 Sep 2025 · Treasury · Official record
Answered 19 Sep 2025
Question
Asked by Carla Denyer
To ask the Chancellor of the Exchequer, what steps she is taking to (a) monitor and (b) assess the risk posed by climate emissions to UK (i) financial stability and (ii) pension funds.
Answer
Answered by James Murray, 19 Sep 2025
The Bank of England’s Financial Policy Committee (FPC) is responsible for identifying and addressing risks to the UK financial system. The FPC’s latest remit was set out by the Chancellor in November 2024. It sets out that the Committee should regard the ...