Posted: 24 Oct 2023 Resource Type: Research Report Download Back Achieving a net-zero emissions future will require a step-change in finance flows to sustainable investments, and new approaches to assessing and addressing climate risk. This requires significant and robust international cooperation and coordination. Yet as governments and industry have sought to deal with environmental, social and governance (ESG) challenges, the number of initiatives with different objectives and mandates has made developing a strategic approach to engagement difficult. The politicisation of the ESG debate has further compounded this. The result is a perceived misalignment of international bodies and initiatives leading to fragmented markets with multiple – and sometimes duplicative – frameworks. The City of London Corporation, in collaboration with Hogan Lovells, present this new report “Advancing Net Zero: The EU and UK in Climate Action Forums” which looks at the pivotal role international climate action forums play in shaping climate policies. This report seeks to examine how the European Union (EU) and United Kingdom (UK) could collaborate more effectively to ensure these forums operate to maximum effectiveness. Helping economies worldwide tackle climate challenges The Global City sustainable finance hub The Global City sustainable finance hub Share: Share to LinkedIn LinkedIn Share to X Share to Facebook Facebook Share to WeChat WeChat Share to WhatsApp WhatsApp Share to Email Email Download Related content Research Report Seizing the UK’s carbon credit opportunity Apr 2026 - High‑integrity carbon credit markets are critical to closing the global net zero financing gap while supporting environmental and social outcomes. Seizing the UK’s carbon credit opportunity Research Report The City of London Corporation's work in support of financial and professional services: annual review 2025/2026 Apr 2026 - Explore the progress we’ve made in championing the UK’s financial and professional services industry in 2025/2026. The City of London Corporation's work in support of financial and professional services: annual review 2025/2026 Research Report Transition Finance Council: Year-end progress report Mar 2026 - This report offers a snapshot of the Council’s first year: progress made, lessons learned, and the path ahead. Transition Finance Council: Year-end progress report Research Report Four policy briefs for scaling transition finance flows Mar 2026 - A suite of policy asks for government to address barriers to scaling transition finance Four policy briefs for scaling transition finance flows