Green Finance Task Force

The UK Government published the Report of its Green Finance Task Force on 28 March.  You can find it here.  The report makes a number of key recommendations.  It is a good start although (much) more will need to be done.  HMT/BEIS had every opportunity to input to the report, so lets hope they are signed up to the proposals and will deliver.  Money will be required, although the report also suggests how that can be raised.  I was particularly keen to support the various recommendations for the retail sector to be followed through.  And for ESG issues to be routinely incorporated in investment decisions, which is also a theme of the EC HLEG report.  Finally, the Green Fintech and Climate Analytics pieces will be key to underpinning the necessary changes in the financial sector.

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