'Bank of England governor Mark Carney has landed his first post-Bank of England job: helping the United Nations (UN) fight climate change.
The Bank of England said Monday that Carney has been named United Nations Special Envoy for Climate Action and Finance.
He will take up the position after he leaves the central bank next year and be paid a token $1 (77p) a year for his services.
The role is the first post-Bank of England job announced for Carney, who is expected to step down in 31 January.
As UN special envoy, Carney will be "galvanising climate action" in order to meet UN targets for limiting climate change.
A key responsibility in the new role will be creating a framework for companies to report on climate risk, so that investors can clearly see the risks of climate change to potential investments.
"I am honoured to have been asked by the secretary general to take on this important role to help transform climate finance ahead of the COP26 meetings in Glasgow next November," Carney said in a statement.
"This provides a platform to bring the risks from climate change and the opportunities from the transition to a net zero economy into the heart of financial decision-making.
"To do so, the disclosures of climate risk must become comprehensive, climate risk management must be transformed, and investing for a net-zero world must go mainstream. The Bank of England, the UK government and the UK financial sector can play leading roles in making these imperatives happen."'
Read more: Elite's man Carney to swap the Bank of England for the Climate Cult. Seamless, then
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