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Topics Covered
- Central banks
- Climate change
- Monetary policy
- Regulation
- NGFS
- Position papers
- Disclosure standards
- Fossil fuel investments
- NatWest
- Bank of England
- Climate stress test
Biography
Sir Howard John Davies is an economist and author, who is the chairman of NatWest Group and the former director of the London School of Economics.
He was the first chairman of the Financial Services Authority. Davies was chairman of the Phoenix Group and, until July 2015, chaired the UK Airports Commission. In February 2015, he was appointed chairman of The Royal Bank of Scotland Group, taking up the role from September 2015. RBS Group was renamed NatWest Group in 2020.
Since 2011 he has been a professor at the Paris School of International Affairs, part of Sciences Po. He teaches master's courses on financial regulation and central banking.
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Talk Citation
Davies, H. (2023, April 11). The influence of climate change debate on banking policies [Audio file]. In The Business & Management Collection, Henry Stewart Talks. Retrieved December 22, 2024, from https://doi.org/10.69645/SLRU5528.Export Citation (RIS)
Publication History
Other Talks in the Playlist: Interviews with business leaders and scholars
Transcript
Please wait while the transcript is being prepared...
0:00
Interviewer: Today I'm interviewing
Sir Howard Davies on his article,
"Central Bankers' Green Lines",
published on 19th of January
2023 in Project Syndicate.
Listeners are
expected to have read
the article before listening
to this interview.
Sir Howard is currently
Chairman of the Natwest Group.
He has previously
been Deputy Governor
of the Bank of England,
Chairman of the UK Financial
Services Authority and
Professor of Practice at
the Paris Institute
of Political Studies.
Sir Howard, thank you for sparing
the time for this interview.
In your article, you describe
clearly the views
of the two camps,
the "we should act" and
the "not for us to act",
as well as the Bank of
England's midway stance.
What any central
bank of a G20 member
decides to do or not to do is of
huge importance to
businesses and anticipating
changes in policy is perhaps
even more important.
I would like to explore
two related aspects
of the subject.
One, where, how and by whom are
debates on important subjects
such as this, undertaken?
How are hearts and minds won?
Two, how should business leaders
monitor progress in the
debate and correctly
anticipate the
direction of travel at
any time, the likely
twists and turns and
the final destination or
destinations? May I start by
asking, somewhat provocatively,