UK to unveil plan for first ‘net-zero’ financial centre – The National

UK to unveil plan for first ‘net-zero’ financial centre – The National

British Chancellor of the Exchequer Rishi Sunak is to announce plans to make Britain the world's first net-zero financial services centre by 2050, the Treasury said on Tuesday.

Mr Sunak will set out the plans on carbon emissions in a speech at the Cop26 climate change conference in Glasgow on Wednesday morning.

He will unveil proposals for financial institutions and listed companies that operate primarily in Britain to be required to publish net-zero transition plans.