UK's Rishi Sunak To Unveil Plan For First 'Net Zero' Financial Centre
NDTV
COP26 Climate Summit: UK Finance minister Rishi Sunak is to announce plans on Wednesday morning to make Britain the world's first net zero financial services centre by 2050.
UK Finance minister Rishi Sunak is to announce plans to make Britain the world's first net zero financial services centre by 2050, the Treasury said Tuesday.
The chancellor of the exchequer will set out the plans on carbon emissions in a speech at the COP26 climate change conference in Glasgow on Wednesday morning.
Sunak will unveil proposals for financial institutions and listed companies that operate primarily in Britain to be required to publish net-zero transition plans.
He will also propose the creation of an expert task force to develop a "gold standard" for such decarbonisation plans, to avoid so-called greenwashing.
