UK’s to become the world’s first net zero finance centre

Last month, the UK government was ordered to produce an updated climate strategy outlining how it will accomplish its own climate targets after the High Court ruled that the net-zero policy was illegal. The London Fire Brigade experienced its busiest day since the Second World War while the UK set a new record high temperature of above 40C. The leadership that the UK Government offered during the COP26 climate meetings in Glasgow last year, however, appears to be evaporating in the heat with the approach of the new Prime Minister.

The new bill for the net-zero strategy, includes:

  • Development of the net zero finance center
  • A net zero statutory objective

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