"A sustainable financial system is one that supports sustainable growth over the long term"
About this Quote
The intent is to move sustainability from corporate virtue-signaling into the core mandate of central banks, regulators, and investors. Carney isn’t pleading for greener portfolios; he’s arguing that capital mispricing is now a systemic threat. If climate damage, transition shocks, and stranded assets can destabilize balance sheets, then treating sustainability as “external” stops being neutral and starts being negligent. The subtext: finance already picks winners and losers, and pretending it doesn’t is the real ideological move.
Context matters. Carney made his name steering institutions through post-2008 aftershocks, then became one of the highest-profile voices insisting the next crisis would be climate-driven, not mortgage-driven. This sentence is calibrated for boardrooms and policymakers who flinch at activism. It offers them an off-ramp: you don’t have to be a crusader, just a fiduciary with a long enough timeline. Sustainability becomes less a feel-good add-on than a definition of competence.
Quote Details
| Topic | Money |
|---|---|
| Source | Speech: “Sustainable finance and the new economy” (Bank of England / related sustainable finance remarks, 2016–2017 era) |
| Cite |
Citation Formats
APA Style (7th ed.)
Carney, Mark. (2026, January 25). A sustainable financial system is one that supports sustainable growth over the long term. FixQuotes. https://fixquotes.com/quotes/a-sustainable-financial-system-is-one-that-184188/
Chicago Style
Carney, Mark. "A sustainable financial system is one that supports sustainable growth over the long term." FixQuotes. January 25, 2026. https://fixquotes.com/quotes/a-sustainable-financial-system-is-one-that-184188/.
MLA Style (9th ed.)
"A sustainable financial system is one that supports sustainable growth over the long term." FixQuotes, 25 Jan. 2026, https://fixquotes.com/quotes/a-sustainable-financial-system-is-one-that-184188/. Accessed 5 Feb. 2026.




