Financing the future: Driving Investment for net zero emissions and nature restoration

Report
Aldersgate Group | June 2021

In this new report, the Aldersgate Group and CUSP urge the Government to use the UK’s current leadership position on climate change and the environment, and its ongoing review of financial services regulations, to embed environmental sustainability into the rules governing the UK’s financial system and influence similar changes to international rules and standards.

The Group calls for the publication of more detailed and comprehensive policy commitments to accelerate and lower the cost of private investment in the low carbon and nature restoration projects needed to meet the UK’s climate and environmental targets.

The report—which is based on extensive engagement with leading financial institutions, FTSE100 businesses and civil society organisations—sets out a range of recommendations to: (i) more deeply embed climate and nature restoration targets into the decision-making of financial institutions, businesses and Government; (ii) accelerate and lower the costs of private investment in green projects; and (iii) work closely with international partners in areas of mutual interest, such as carbon trading, disclosures and green taxonomies.

The key findings of the report were discussed at a webinar on Tuesday 22 June with John Glen MP, Economic Secretary to the Treasury, and a range of senior speakers from the business, financial institution and NGO community.

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