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WWF urges Bank of England to tackle climate risks threatening inflation and stability.
The Bank of England faces growing pressure from WWF to strengthen its handling of climate and nature-related risks, which are seen as fueling inflation and threatening financial stability.
The charity says the central bank lags behind global peers, urging it to boost expertise, improve climate impact analysis, and better communicate risks.
It calls for alignment with net zero and nature-positive goals, coordinated market operations, and stronger collaboration with government policies to manage supply chain disruptions from extreme weather.
Rising food prices due to climate-driven shocks in coffee and cocoa production underscore the economic toll.
This follows prior criticism after the Bank reduced climate-focused resources amid shifting Treasury priorities.
The Bank has been approached for comment.
WWF insta al Banco de Inglaterra a abordar los riesgos climáticos que amenazan la inflación y la estabilidad.