According to the latest release of the Z/Yen Global Green Finance Index, London is the leading global financial centre for the quality of its green finance offering.
More widely, Western Europe continues to lead the world’s centres in green finance depth and quality, taking nine of the top ten places in depth and the top 12 places in quality. This reflects the continuing work being undertaken by European financial institutions, central banks, and regulators to embed sustainability in their regulatory work.
Responding to the latest index findings, Miles Celic, Chief Executive Officer, TheCityUK, said,
The rapidly evolving Covid-19 crisis has highlighted that global challenges can only be effectively addressed by a collective global response. Climate change is another such challenge which requires the international community to act.
“It is very positive to see the UK continuing to lead the world on the quality of its green finance offer, but perhaps even more heartening is the pace at which all centres are expanding their offerings. As all centres rush to compete in this space, so do the opportunities for our industry to make a positive impact on climate change.”
For the full index go to: Global Green Finance Index 5