A new group led by investors and leading figures from the City of London has been brought together by the government to draw up measures to encourage “green finance” in the UK.
The Green Finance Taskforce will have six months to come up with proposals on how to increase investment in the low-carbon economy and will work with banks and other financial institutions. Chaired by Sir Roger Gifford, former lord mayor of London, the taskforce will look at measures to make the UK’s planned investments in infrastructure, for instance on energy and transport, more environmentally sustainable.