Car­ney takes on $1 eco job at UN

Scottish Daily Mail - - City & Finance -

OUT­GO­ING Bank of Eng­land gov­er­nor Mark Car­ney has been ap­pointed the United Na­tions’ special en­voy for cli­mate ac­tion and fi­nance.

Car­ney will be in charge of push­ing the fi­nan­cial sec­tor to pre­pare for a ‘net­zero’ world in the run-up to the COP26 global en­vi­ron­men­tal sum­mit be­ing held in Glas­gow next Novem­ber.

The 54-year-old Cana­dian will be paid a sym­bolic $1 a year for the role af­ter he leaves the Bank of Eng­land on Jan­uary 31.

He has been at the helm of the Bank since 2013 and had planned to step down in June, but de­cided to stay un­til the end of the lat­est Brexit ex­ten­sion.

Car­ney will report to UN sec­re­tary gen­eral An­to­nio Guter­res, who de­scribed him as ‘a re­mark­able pi­o­neer in push­ing the fi­nan­cial sec­tor to work on cli­mate’.

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