As we look forward towards COP26 in Glasgow next year, the Chancellor Rishi Sunak, outlined key steps that the UK financial sectors will take in order to extend the UK’s global leadership in green finance and financial technology.
11 Nov 2020, 2 min read
The Chancellor announced that the UK will issue its first Sovereign Green Bond in 2021 subject to market conditions. This announcement comes after growing demand from the investment community for more investment tools that will help the UK reach net-zero by 2050.
Additionally, the UK will become the first country in the world to make Task Force on Climate-related Financial Disclosures (TCFD) aligned disclosures fully mandatory across the economy by 2025. From 1 January, the Financial Conduct Authority, will be introducing the rule that will req
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