UK's 'Green Day': Green finance strategy and ESG ratings announced

Five key objectives

The United Kingdom recently announced its green finance strategy in addition to the UK Treasury issuing the future regulatory regime for ESG ratings providers. We look at the key features and points of note.

The 2023 Green Finance Strategy is part and parcel of a pedigree UK policy framework beginning with the 2019 Green Finance Strategy, the first such strategy to be released by any major country, and the 2021 Greening Finance Roadmap. Earth Day 2022: How to invest in the planet Importantly, the 2023 document was co-developed by the brand new government department for energy security and net zero, working alongside HM Treasury and the department for Environment, Food and Rural Affairs (DEFRA). The 2023 Strategy was published as part of a raft of measures released that day comprising almo...