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BOE Push to Green Quantitative Easing Isn’t Working, Study Shows

Under current plans, the carbon intensity of its portfolio would fall by just 7% this year, a far cry from its target of 25% by 2025.

A bus passes the Bank of England.

A bus passes the Bank of England.

Photographer: Hollie Adams/Bloomberg

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One of the world’s most ambitious attempts by a central bank to go green isn’t exactly working as planned.