Insight

Inside the U.K.’s Transition Finance Market Review

Published Date
Oct 17 2024
There remains a critical need for significant amounts of public and private investment to be directed towards activities and entities that drive real-world, economy-wide decarbonization.

Transition finance is required across the whole economy to bring about a swift and orderly attainment of net zero goals without jeopardizing financial stability and just transition considerations.

The U.K. has an ambition to become a global hub for transition finance, with the U.K. government commissioning the independent Transition Finance Market Review (TFMR) to examine barriers and solutions to unlocking transition finance at scale.

The TFMR’s report was published today.1 Its recommendations propose a model for, and the necessary ingredients of, a successful transition finance market in the U.K. Such a market would both serve the U.K. and position it as a leading global hub for transition finance, in particular supporting emerging markets and developing economies as they transition to net zero.

Download ‘Inside the U.K.’s Transition Finance Market Review’, our summary of the TFMR’s report.

We are proud to have provided market-leading expertise and legal support to the secretariat of the TFMR, a role that utilizes our wealth of market experience gained advising clients through an era of unprecedented global regulatory change.

For more market-leading insights into transition finance, please get in touch with our specialist advisors, including the authors listed below. You can also read more on the recent TFMR flagship event at New York Climate Week, hosted in our New York office in partnership with the City of London Corporation. We were also proud to sponsor the City & Financial Global conference on October 10, 2024, on ‘Making the U.K. a global hub for transition finance’.

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More than 20 of our experts across multiple specialisms contributed to the TFMR's work. The team was led by partners Matthew Townsend and James Roe and Senior Knowledge Lawyer Ying-Peng Chin (member of the TFMR secretariat).

Footnotes

1 https://www.theglobalcity.uk/insights/scaling-transition-finance