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.