Chris Skidmore MP was commissioned to review the Government’s approach to delivering its net zero target in September 2022, and published his Review on 13 January 2023.
The Review sets out the opportunities presented by the transition to net zero and provides recommendations to the Government and industry aimed at seizing those opportunities, including through green finance regulation.
The recommendations on green finance regulation aim to ensure regulatory certainty, clarity, continuity and consistency to galvanise momentum and facilitate capital allocation to support the UK’s net zero ambitions through clear standard setting. The Review makes recommendations relating to UK Sustainability Disclosure Requirements, the UK Green Taxonomy, greenwashing, stewardship and nature. These recommendations, which were informed by extensive industry engagement, could shape the Government’s priorities for green finance regulation.
Download this At a glance to see our summary of the recommendations on green finance regulation and key considerations for firms.
PwC's summary of the TPT's proposals on a sector-neutral transition plan disclosure framework and accompanying implementation guidance.
PWC’s summary of the Green Technical Advisory Group’s advice to the UK Government on developing a UK Green Taxonomy.
The FCA issued a discussion paper on Sustainability Disclosure Requirements and investment product labels, after these measures were announced in HM Treasury’s...
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