The Bank of England will include green goals in its remit, by greening its corporate bond-buying programme from the end of 2021 after the government said that it must consider the UK’s pledge to eliminate greenhouse gas emissions. 

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Chris Stark, chief executive of the independent Climate Change Committee, said the update to the BOE’s mandate was the “most significant announcement” on climate change in a budget that was otherwise largely devoid of green measures. 

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