Securing the UK’s role as a green financial hub

Ahead of COP26, Cornwall Insight and TLT spoke to industry leaders about the UK’s progress with building a green finance market and what’s needed to make green finance mainstream.

As the whole world looks to the Glasgow summit for new, progressive policies, what do businesses, investors and financial institutions deem genuine and artificial support for the green economic recovery?  

Based on in-depth analysis of UK and international policy and interviews on ‘greening finance’ and ‘financing green’, the report covers:

  • The ambitious policy and regulatory frameworks needed to achieve net zero by 2050
  • Making mandatory climate-related disclosures credible, meaningful and useful
  • EU and UK taxonomies
  • Growing supply and demand for sustainability-linked products
  • The need for a sector-based approach to the green finance market
  • The urgent need to attract significant amounts of private capital into renewable energy and sustainable infrastructure, and where this might come from
  • Potential business models and revenue streams for hard to abate sectors such as heat and mobility

To keep reading, please log in to your account or sign up for free

Alternatively, please sign up to receive free market insight online and direct to your inbox

Related thinking

Energy storage and flexibility

Unlocking REMA

Recent challenges have emphasised the recurring importance of the energy trilemma, namely the need to decarbonise the energy system while ensuring energy security and affordability. The government announced its Review of Electricity Market Arrangements (REMA) in April 2022 to address these issues. In July, the government published a consultation paper...

Business supply and services

Weathering the storm: Mitigating the impact of energy price hikes for businesses

The challenging gas supply situation and record-high electricity prices are putting considerable pressures on the GB economy as we enter winter 2022-23. Unfortunately, as the winter approaches, wholesale energy prices are set to rise even further, constraining the growth of businesses that were starting to recover from the scars of...

E-mobility and low carbon

Battery-as-a-Service: an underexplored opportunity?

At the back end of 2020, the government published a plan to put an end to the sale of new petrol and diesel cars in the UK by the end of the decade. While welcome news for many, this target – the most ambitious in the G7 – brought into...

Low carbon generation

A corporate’s guide to decarbonising power

From 6 April 2022 it has become mandatory for over 1,300 of the largest UK-registered companies to disclose their climate-related financial information in line with the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations. As part of this, all corporations on the Financial Conduct Authority’s Official List (are “listed”) are required...

Business supply and services

Addressing the cost of electrification

This report outlines the challenges that energy intensive industries (EIIs) face in decarbonising their heat supply, (currently dominated by natural gas) by switching to grid-supplied electricity. The paper has been sponsored by the Confederation for Paper Industries (CPI) and therefore has a particular focus. However, many of the challenges highlighted...

Low carbon generation

Future-proofing energy market design: the net zero challenge

With climate change high on the agenda, many countries are looking at decarbonising their electricity generation and incorporating more renewable generation into their electricity systems. This research snapshot focuses on energy market design in Great Britain (GB), Ireland and Australia, considering what is being done to adapt to the changing...

Home supply and services

Assessing the potential of hydrogen in decarbonising residential heating in Ireland

Ireland has an ambitious vision to reach net zero by 2050, and decarbonising residential heating is a significant challenge. This report examines the potential for hydrogen-based heating solutions in decarbonising residential heating in Ireland.On comparing the various options of using hydrogen for domestic heating in Ireland, hydrogen blending in the...

Net zero corporates and ESG

Unlocking net zero strategies for business

An increasing number of businesses are looking to reduce their emissions and become sustainable to align with the government’s net zero strategy. Setting targets is crucial for companies with complexity across sectors, technologies and business structures. This paper, in partnership with Shoosmiths, explores the potential routes to decarbonisation that businesses...