The latest round of NDCs presents a critical opportunity to transform climate ambition into actionable investment strategies. We have published a policy paper setting out how the UK can lead globally by making its National Determined Contribution (NDC) investable. As a core element of the Paris Agreement, NDCs should provide the clarity and confidence investors need to mobilise private capital, spur innovation and accelerate the transition to net zero.
The paper identifies five key success factors across three strategic pillars:
Implementation
1. Consolidated investor document: a single, sector‑structured document compiling detailed information on sector‑specific policies, government strategies and financial instruments to guide investor decisions.
2. Clear policy alignment: transparent guidance on how sector roadmaps and strategies support the UK’s NDC, ensuring confidence in delivery.
Finance
3. Sectoral investment roadmaps: detailed plans outlining financing needs, mechanisms and the role of the private sector across sectors.
Governance
4. Defined governance framework: clear roles, responsibilities and coordination mechanisms across government and industry to support NDC delivery.
5. Structured private sector engagement: formal channels for dialogue, collaboration and reporting to build trust and transparency.
Taken together, these measures would position the UK as a global leader in the development of investable NDCs and support other markets in developing their own. TheCityUK’s International Climate Finance Working Group stands ready to partner with government to develop measures that unlock capital in support of the UK’s climate ambitions and drive forward the transition to net zero.