"The objective is to ensure that every professional financial decision takes climate change into account"
About this Quote
The specific intent is managerial and systemic. Carney isn’t asking for generosity; he’s asking for better pricing. If climate change is a material threat to assets, supply chains, insurance models, and political stability, then ignoring it isn’t “neutral” - it’s malpractice. The phrase “professional financial decision” signals a bid to harden climate awareness into fiduciary duty, risk governance, and disclosure regimes. You can hear the central banker’s worldview: what gets measured gets managed; what gets mandated gets normalized.
The subtext is pressure. “Every” suggests that opting out should be reputationally and eventually legally untenable. “Takes into account” is deliberately elastic - it can mean stress-testing portfolios, changing cost of capital, scrutinizing stranded assets, or refusing to finance certain projects. The ambiguity helps build a coalition: bankers, regulators, and asset managers can all nod along while the practical implications ratchet up over time.
Context matters: coming out of post-2008 skepticism about finance, and into an era of climate shocks and investor anxiety, Carney frames climate action as prudence, not virtue. It’s an attempt to make the market do what politics keeps failing to do: treat the future as a liability today.
Quote Details
| Topic | Investment |
|---|---|
| Source | Speech: “The Road to Glasgow” (UK Government / COP26 Finance, 18 February 2021) |
| Cite |
Citation Formats
APA Style (7th ed.)
Carney, Mark. (2026, January 25). The objective is to ensure that every professional financial decision takes climate change into account. FixQuotes. https://fixquotes.com/quotes/the-objective-is-to-ensure-that-every-184181/
Chicago Style
Carney, Mark. "The objective is to ensure that every professional financial decision takes climate change into account." FixQuotes. January 25, 2026. https://fixquotes.com/quotes/the-objective-is-to-ensure-that-every-184181/.
MLA Style (9th ed.)
"The objective is to ensure that every professional financial decision takes climate change into account." FixQuotes, 25 Jan. 2026, https://fixquotes.com/quotes/the-objective-is-to-ensure-that-every-184181/. Accessed 13 Feb. 2026.



