Bank of England and Financial Times School Blog Competition 2019/2020

This year's competition is now closed. We'll announce the winners in April

The competition is now closed

We invited UK school and college students, aged between 16 and 19, to send us a blog of up to 500 words on this year's theme: the economy and climate change.

The competition closed on Friday 31 January. We will email the winners in April. 

Staff from the Bank of England and the Financial Times will judge the entries. They’ll be looking for originality, clarity, analytical insight and good writing.

The winning blogs will be published on our Bank Underground blog and on the FT’s website.

For our 2018/19 competition, the theme was the future of money. Read the winning blogs

This year’s theme: the economy and climate change

We’re concerned about climate change. Its impact is already visible: glaciers are shrinking, sea levels are 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. Risks can also arise in the transition to a low-carbon economy, like changes in government policy and technology. 

We asked students to explain, in no more than 500 words, what can be done to mitigate those risks. 

Our Bank Underground blog has featured a number of posts on climate change. For example: 

  • Climate change is one of the most significant issues of our time and the Bank of England has helped advance analysis and action on its financial implications. While there has been progress in recent years, like virtually everything else in the response to climate change, the development of sustainable finance is not moving fast enough for the world to reach net zero. My recent remarks at the UN summarise what needs to be done to bring climate risks and resilience into the heart of financial decision making.

    Of course, a fundamental challenge is that decisions today will have enormous ramifications for the future. So it’s vital to hear young people’s voice. This year’s blog competition provides an opportunity for you to tell us what central banks, governments, companies and investors can do to mitigate some of these risks and seize the opportunities as we transition to a low carbon future.

     

Free access to the FT

The FT schools programme offers free access to the FT for 16 to 19 year olds in education, their teachers and schools.

This page was last updated 04 March 2020
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