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 Multimedia Competitiveness benchmarking dashboard Nov 2025 - This interactive dashboard draws out seven key metrics to examine for the UK's offer in financial and professional services firms against those of other key international financial centres. Competitiveness benchmarking dashboard Research Report Exporting financial services to the world Nov 2025 - The UK is the world’s first choice supplier of financial and professional services, helping businesses around the world prosper. Find out more about the UK's innovative financial services sector, and its role as a global leader in attracting investment. Exporting financial services to the world News City of London Corporation Autumn Budget Response 2025 Nov 2025 - As the UK Government’s trusted partner across financial and public service delivery, read the City Corporation's Budget submission City of London Corporation Autumn Budget Response 2025 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