The 2023 Green Finance Strategy, updating the 2019 Strategy, aims to reinforce and expands the UK government’s position on green finance and investment by setting out five key objectives:
1. mobilising support to the financial services sector to improve support for climate and transition oriented projects;
2. encouraging private investment in the green economy;
3. producing an effective green finance framework to mitigate climate risks and improve financial stability;
4. incorporating nature and climate adaptation into the green finance policy framework to help support private investment in climate resilience; and
5. supporting the alignment of global financial flows with climate and nature objectives in emerging and developing markets.
The Strategy is published alongside Powering Up Britain, the Nature Markets Framework, the International Climate Finance Strategy, and the UK’s 2030 Strategy Framework for Climate and Nature and collectively form the UK’s response to driving progress on addressing climate change.
