Government reports on net zero and future of green finance

Released 21 April 2021

The Treasury Committee has published a report entitled Net Zero and the Future of Green Finance, which forms part of its decarbonisation and green finance inquiry.

The Committee has made a series of recommendations in the report for how the government can achieve net-zero by 2050, including:

Financial products should have climate impact labels;

Greenwashing of financial products must be prevented;

FCA should further encourage FinTech innovation and tackle regulatory barriers;

Government should set out cost of achieving net-zero by 2050; and

Strategy needed to support regions and sectors impacted by decarbonisation.

Further information, including a link to the report, can be found at https://committees.parliament.uk/committee/158/treasury-committee/news/154672/treasury-committee-publishes-net-zero-and-the-future-of-green-finance-report/.

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