International Experiences in Green Finance Development

13 Green Finance Ecosystem in London Time Policy Content Institution Jun 2021 UK Government Green Financing Framework The framework describes how the UK government plans to finance spending through the issuance of green government bonds and retail green savings bonds (Sovereign Green Bonds Framework). United Kingdom Debt Management Office Oct 2021 Greening Finance: A Roadmap to Sustainable Investing Based on the Green Finance Strategy released in 2019, the roadmap designs three stages to deliver sustainable investing: information, action and transformation. HM Government Sep 2022 Climate Change Strategy 2021- 2024 The Strategy points out that they will support UK exporters and suppliers in the global transition to net zero and integrate climate change considerations into their business. UK Export Finance Oct 2022 Advice on the Development of a UK Green Taxonomy This Advice gives the rationale for the taxonomy and market, regulatory and scientific considerations for developing and implementing the UK Green Taxonomy. The Green Technical Advisory Group (GTAG) Feb 2023 Promoting the International Interoperability of a UK Green Taxonomy This provides analysis of more than 30 taxonomies combined worldwide, with recommendations for efforts to achieve international interoperability without compromising the robustness or science-based nature of the UK Green Taxonomy, while also encouraging increased ambition globally (the report states that the US and the EU are the two main destinations considered by the UK). The GTAG Mar 2023 Mobilising Green Investment (updated 2023 Green Finance Strategy) This is an update of the UK’s 2019 Green Finance Strategy, which outlines how the necessary investment will be mobilized to meet climate and nature targets. HM Government