Mark Carney on Climate Change

Dec 15, 2019, 07:00 AM
In this special bonus episode, originally recorded on 25th November, Professor Millican travels to the Bank of England to interview its Governor, Mark Carney. This episode was recorded before it was announced that Mark Carney will become the UN Special Envoy for Climate Action and Finance in 2020.
The interview covered a range of topics, but focused in particular on the challenges that markets may need to overcome if we hope to restrict global warming to 1.5 degrees C, how federal banks are working to prepare for these, and if an even more fundamental change to our economic and political system is needed.
Can markets provide a tool to promote necessary action? Is it possible to find a middle ground of sustainable economics? Can we be green, and capitalist?
Find out more about Oxford’s climate research at and keep an eye on this feed, for more bonus episodes in the new year.