Role of Governments in Enabling Clean Energy Financing
This presentation discussed how the United Kingdom and the City of London have established itself as a predominant center for green finance, by establishing the right policy framework and ambition. It also cited a particular example of offshore wind – which the UK, thanks to green finance, produces nearly 40% of global output. The presentation also covered how the UK contributes to the international green finance landscape, such as thought leadership and development funding, including in Asia, and shared examples and lessons from the UK experience and establish read-across and ideas for Asia as it takes on the huge challenge of shifting to a low carbon future to try to avoid the impact of dangerous climate change.