How can green finance and the UK financial sector support the transition to a low carbon economy and what are the risks to financial stability posed by climate change and threats to the natural world?
Background
The Financial Sector section covers a broad range of issues that relate to HM Treasury's responsibilities for financial services policy and financial stability. The department is responsible for promoting an internationally competitive financial services sector that supports sustainable growth across the UK, at the same time we are responsible for ensuring the stability of the financial system and through that the stability of the UK economy.
Next steps
Get in touch with HMTResearch@hmtreasury.gov.uk
Source
This question was published as part of the set of ARIs in this document:
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Related UKRI funded projects
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CERAF
Climate and environmental (CE) risks (CER) to our economy and society are accelerating. CER include climate-related physical risks such as floods, storms, or changing growing seasons; climate-related transition risks suc...
Funded by: NERC
Why might this be relevant?
The project addresses how green finance and the UK financial sector can support the transition to a low carbon economy and the risks posed by climate change to financial stability.
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FINANCE4GREEN: Financing for Green Transition
As the signals of an ecological and climate crisis are intensifying, the surface temperature of our planet is already around 1.2°C above pre-industrial levels and is warming at an alarming rate. Against this, researc...
Funded by: Horizon Europe Guarantee
Why might this be relevant?
The project specifically addresses how green finance and the UK financial sector can support the transition to a low carbon economy and discusses the risks to financial stability posed by climate change.
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Financial risk and the impact of climate change
In 2015, the Governor of the Bank of England issued a stark warning that both the impacts of climate change and those of climate policies could have pronounced effects on the UK's financial and insurance industries. At t...
Funded by: UKRI
Why might this be relevant?
The project focuses on characterizing and quantifying climate-related transition risks and their impact on financial stability, aligning with the question's concerns.