We have seen the Government use the momentum of the COP26 presidency to place the UK as a world leader in green finance, with hopes for the country to become the first Net Zero financial centre. In the landmark ‘future of financial services’ speech in November 2020, Chancellor Rishi Sunak detailed his goal to ensure the UK leads the world in “shifting finance towards a Net Zero future”.
Amid this ambition for the UK to be a world leader on green finance, questions remain around whether developments so far and the UK’s proposed green finance timeline have placed the country on track to achieve this aim, with a recent report from the New Financial think tank showing the City of London falling behind its EU counterparts across the majority of Environmental, Social and Governance (ESG) metrics. The Cicero/amo team have prepared an overview outlining the state of play of green finance and a lookahead of key developments to expect in 2022.
Please scroll down or click here to access Cicero/amo’s overview of green finance in the UK.
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