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 Thought Piece New UK Financial Services growth and competitiveness strategy Sep 2025 - Nick Collier's latest blog from Brussels takes a look at the new Financial Services Growth and Competitiveness Strategy. New UK Financial Services growth and competitiveness strategy Research Report The UK Investment Landscape Sep 2025 - This report demonstrates the strength of the UK financial services industry. The analysis maps the sources and destinations of £3.9tn of investment capital in the UK. The UK Investment Landscape Research Report Transition Finance Council: Mid-year progress report Sep 2025 - This report offers a snapshot of the Council’s first six months: what we’ve achieved, the lessons we’ve learned, and the path ahead. Transition Finance Council: Mid-year progress report Research Report Sector Transition Plans: The Finance Playbook Sep 2025 - Practical guidance on integrating strong finance plans within sector transition plans and technology scale-up roadmaps. Sector Transition Plans: The Finance Playbook