A series of regular briefings for the alternative asset management industry.
Read our most recent briefing in the series on the UK's Green Taxonomy.
COP 26, the most important climate summit since the 2015 Paris Agreement, is just around the corner. The UK government, which is playing host, desperately wants it to be a success – and needs to show its own continued leadership on climate change if it is to marshal commitments from other countries. A series of important announcements this week are designed to underpin that leadership position, including a long-awaited Net Zero Strategy.
To be fair, the UK already has strong credentials: in 2008, Britain was the first country to set a legally binding climate change mitigation target and, in 2019, was the first major economy to set a net zero target. A number of concrete steps have followed, including another welcome first, announced in 2020, to require all significant economic actors – including many private funds managers – to use international standards to report on their exposure to climate change.