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

SDR 'not straightforward' for MPS providers and DFMs
ESG

SDR 'not straightforward' for MPS providers and DFMs

‘Serious amount of additional resource’ needed

Isabel Baxter
clock 30 January 2025 • 4 min read
Schroders becomes first adopter of all four SDR labels
ESG

Schroders becomes first adopter of all four SDR labels

First 'Sustainability Mixed Goals' label

Linus Uhlig
clock 27 January 2025 • 1 min read
Global ESG fund flows reach highest quarterly inflows of 2024 in Q4 boom
ESG

Global ESG fund flows reach highest quarterly inflows of 2024 in Q4 boom

Driven by European strategies

Sorin Dojan
clock 27 January 2025 • 3 min read
Trustpilot