Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what plans he has to bring forward proposals to match the EU action plan on sustainable finance.

The UK shares the aims of the EU’s Sustainable Finance Action Plan. The three new pieces of legislation that followed the EU’s Sustainable Finance Action Plan, were all supported by the UK.

The UK’s Green Finance Strategy set out our ambition to align private sector financial flows with clean, environmentally sustainable and resilient growth. Further, hosting COP26 in November will provide a unique opportunity to pursue our green finance goals in partnership with many countries around the world, including the EU.