Rishi Sunak touts mandatory plans to help make UK world's first 'net zero aligned financial centre'

'The largest ever meeting of finance leaders on climate change'

James Murray
clock • 4 min read
Credit: HM Treasury

Credit: HM Treasury

COP26 Finance Day expected to secure net-zero commitments from companies with over $120trn of assets under management.

Chancellor Rishi Sunak will tomorrow (4 November) set out plans to establish the UK as "the world's first net-zero aligned financial centre", while welcoming new data that indicates financial firms with $130trn of assets have now set emissions goals in line with the Paris Agreement. The third full day of the COP26 Climate Summit has been designated as "Finance Day" and is expected to see a flurry of fresh climate commitments from governments and financial institutions designed to accelerate the net zero transition. Sunak is scheduled to convene "the largest ever meeting of finance lea...

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