PARLIAMENTARY WRITTEN QUESTION
Financial Services: Environment Protection (1 May 2018)

The UK is a world leader in green finance. The transition to a low-carbon economy is a major opportunity for the UK, and our world leading financial system is key to that transition. Our domestic climate change commitments, and the global targets of the Paris Agreement, present a great investment opportunity for the private sector. The Green Finance Taskforce published their report in March, outlining a set of wide-ranging and ambitious recommendations for Government. We are considering these recommendations and will respond in due course. We are determined to maintain the UK’s position as a world-leader in green finance in the long term, capitalising on the opportunities arising from Clean Growth.