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Bank of England chief warns of 'catastrophic' climate change

Urges world leaders to seal a deal quickly; says 'the window of opportunity is finite and shrinking'

Mr Carney: "Once climate change becomes a defining issue for financial stability, it may already be too late."


CLIMATE change threatens global financial crises and long-term declines in wealth unless world leaders urgently seal a deal to limit it, the head of the Bank of England said on Tuesday.

"The challenges currently posed by climate change pale in significance compared with what...

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