Finance
Bank of England Urged to End Virus Funding for Carbon Emitters
- Extinction Rebellion says green criteria needed for BOE aid
- Bank of England’s emergency funding has passed $22.7 billion
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Climate activist group Extinction Rebellion called on the Bank of England to stop providing emergency funding to companies that contribute to climate change.
The U.K. central bank should require companies that have received more than 18 billion pounds ($22.7 billion) of aid in recent months to commit to achieving net-zero carbon emissions by 2025, according to a statement from the group. Protesters gathered outside the bank on Friday holding a banner that read “No Dirty Bailouts.”