UK to issue first green bond and require firms to disclose climate risk
The government plans to cement the UK's position as a global centre for green finance have received a significant boost, with chancellor Rishi Sunak unveiling proposals to issue the country's first sovereign green bond next year and make climate risk disclosure mandatory for major companies from 2025.
In a statement to parliament yesterday (10 November), Sunak said the government would issue the UK's first sovereign green bond in 2021, subject to market conditions. He also promised that the initial...
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