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 Stay in touch Sign up to hear more about the City of London Corporation's work on financial and professional services Sign up to hear more about the City of London Corporation's work on financial and professional services 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 News Sterling 20 Oct 2025 - 20 of Britain’s largest pension providers and insurers have launched Sterling 20, a new partnership to invest billions into UK infrastructure, innovation and renewable energy. Sterling 20 Research Report Finance for growth: a shared U.S./UK prosperity agenda Oct 2025 - Leading US and UK financial and professional services firms, via the British American Financial Alliance (BAFA) coalition, are urging both governments progress on the Transatlantic Taskforce for Markets of the Future. Finance for growth: a shared U.S./UK prosperity agenda Research Report The UK’s offer for asset managers and owners Oct 2025 - The UK is a global leader in asset management, with over £12tn in AUM and offers extensive scale with international reach, deep expertise, and diverse investment opportunities. The UK’s offer for asset managers and owners Research Report City statistics briefing Oct 2025 - The City Statistics briefing looks at the City of London's role as a global business hub for financial and related professional services. City statistics briefing