Financial institutions rely on the support of a range of financial and related professional services businesses to package, sell and distribute green and sustainable products. These financial institutions also have a variety of roles to play in the market. For example, an insurer can be an asset owner, or an investor through pension funds and a provider of insurance products.
The UK is a centre for many high-quality legal, accounting, audit, management consultancy and financial information services. Its strengths in these sectors may enhance its international position in green and sustainable finance. In order to build new capabilities in green and sustainable finance, the UK needs to secure the competitiveness of its entire international financial centre.