It has been 12 months since the announcement of the UK – China Climate and Environmental Information Disclosure pilot at the 9th UK – China Economic and Financial Dialogue. The pilot is a three-year initiative, with ten financial institutions, representatives from the Peoples’ Bank of China and the Bank of England, the City of London and the Principles of Responsible Investment. It seeks to support enhanced information disclosure practice in both countries.
The purpose of the pilot is to:
Since the announcement, pilot participants have met over three times and in the process developed a joint three year action plan. Each side is free to determine the details of their own plan, with the intention that each year will build on the last.
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