Rishi Sunak ramps up plans for UK's first green gilt and retail green savings bond

At least two green gilts to be issued in 2021

clock • 2 min read

HM Treasury has confirmed proceeds from green bonds will go towards renewable energy, climate adaptation, energy efficiency, nature restoration and zero emission transport projects.

The Chancellor is expected to unveil critical details about the UK's inaugural sovereign green bond and retail green savings bond in a major speech in the City of London later today. Everything's gone green: Rising popularity of green bonds reflects confidence in sustainable products In an address to young leaders and CEOs at Mansion House, Rishi Sunak will provide details about how the state-backed financial instruments will work as he outlines the government's broader vision for the future of the UK's financial sector, the government confirmed late yesterday. In the statement...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on ESG

JP Morgan AM cuts ties with climate change action group
ESG

JP Morgan AM cuts ties with climate change action group

Climate Action 100+

Eve Maddock-Jones
clock 15 February 2024 • 1 min read
Enter now for Investment Week's Sustainable Investment Awards 2024
ESG

Enter now for Investment Week's Sustainable Investment Awards 2024

Closing date of 6 April

Investment Week
clock 15 February 2024 • 3 min read
Liontrust hires sustainable investment analyst duo from Ninety One and abrdn
ESG

Liontrust hires sustainable investment analyst duo from Ninety One and abrdn

Connor Godsell and Linnea Bengtsson

Cristian Angeloni
clock 14 February 2024 • 1 min read
Trustpilot