While the first Green Finance Strategy focused on planning and targets, this one is about delivering capital to finance our climate and nature goals. The Green Finance Institute’s pioneering strategy of positioning finance as the enabler of sectoral transitions is recognised as key to achieving net zero. The Strategy sets out a step change in how the UK will mobilise the finance needed to limit catastrophic warming and catalyse investment into nature.
Today’s announcement broadens our mandate to work with government and the market to accelerate the mobilisation of capital to restore and protect nature as well as to decarbonise critical sectors, alongside well-designed long-term policy. Going forward, we will help develop innovative approaches to deploying government capital to crowd in private finance, maximising impact, and value for money. This is the only coherent pathway to economic growth and net zero, and the GFI is delighted to be a partner to the Government in this process.