UK’s endeavor towards a green economy, to be the world’s first net-zero financial center

Britain is enlisting bankers to pave the way for a green economy. The Chancellor will sketch out a plan for UK to become the first net-zero-aligned financial center in the world, encouraging other nations to follow suit.

  • Thanks to climate pledges by financial services firms, over $130 trillion—or 40% of the world’s financial assets—will be in accordance with the Paris Agreement’s climate targets. 
  • Through UK’s International Climate Finance commitment, new initiatives will be sponsored, which will assist developing countries in financing green growth and adapting to climate change. 

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