Mark Joseph Carney · "We need to move from a market that values what we extract to one that values w..."

Interview with BBC, 2019 · Checked on 10 June 2026

We need to move from a market that values what we extract to one that values what we sustain.

Analysis

In his 2019 BBC interview, Mark Carney, then Governor of the Bank of England, emphasized the need for financial systems to prioritize sustainability over short-term extraction. This aligns with his broader advocacy for climate action and sustainable finance. The statement reflects his public stance on reorienting markets toward long-term environmental and social value.

Background

Carney has been a vocal proponent of integrating climate risk into financial decision-making. His 2019 BBC interview touched on the urgency of addressing climate change through economic reform, a theme he expanded on in later roles, such as UN Special Envoy for Climate Action.

Verdict summary

Mark Carney did advocate for shifting economic focus from extraction to sustainability in a 2019 BBC interview.

Sources consulted

— BBC Interview with Mark Carney (2019) - 'Climate change: Bank of England governor warns of financial collapse'

— Bank of England Speeches: Mark Carney’s 2019 remarks on sustainable finance

— UN Environment Programme: Mark Carney’s statements on climate and economics