This report sets out fifteen steps to expanding green finance in the UK, falling under three headings: financial policy innovation to promote green finance; domestic infrastructure investment to expand green finance; green finance as a means to boost global trade.
The UK and the City of London specifically, is already a hub for green finance. Expanding its competence and experience on green finance further to seize the opportunities the global transition to a green economy presents will enable both the UK and the City of London to develop a distinctive and competitive offer to investors everywhere. Building upon a groundswell in support from financial institutions for ‘greening’ finance catalysed by the work of the Bank of England, it will also ensure the UK can meet both its domestic and international policy obligations and deliver a successful Brexit process.
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