Bank of England Blog Competition

23rd October 2019

The Bank of England is looking for secondary schools and colleges from Broadland to take part in our annual school blog competition which we run in conjunction with the Financial Times. 

Each year school and college students, aged between 16-19 are invited to blog on a different topic.   This year the theme is ‘the economy and climate change’.  

The Bank says:

“We’re concerned about climate change.   Its impact is already visible: glaciers are shrinking, sea levels rising and heatwaves are intensifying.  And a threat to the environment is also a threat to the economy. 

“Climate change, and society’s response to it, presents risks that could impact our monetary and financial stability objectives.  Financial and economic risks can arise from events such as floods and droughts, e.g. insurance firms facing higher claims.  Such risks can also arise in the transition to a low-carbon economy, like changes in government policy and technology. 

“We want students to explain, in no more than 500 words, what could be done to mitigate those risks. They may want to consider the roles played by government, companies, regulators and/or investors. Their arguments should be backed up by sound reasoning and, if possible, relevant data.”

The winning blogs will be published on Bank Underground and the FT online.

The competition last year was based on the theme ‘the future of money’.  You can read the winning blogs on Bank Underground

The competition closes to entries on Friday 31 January.   We will email the winners in April.  We would really appreciate your support in promoting the Bank blog competition in Broadland.  I have included draft text and a poster for you to forward on to local head teachers explaining the competition and outlining how the schools can learn more. Also, we would be grateful for support through your social media channels and local media in your area. 

Keith Simpson MP

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