The Transition Finance Council was co-launched by the City of London Corporation and HM Government. The purpose of the Council is to drive forward the roadmap and recommendations set out in the Transition Finance Market Review and to establish the UK as the global hub for raising and deploying transition finance. The Council’s aim is to leverage the UK’s existing strengths to become the best place in the world to credibly raise transition capital, invest, and obtain financial and professional services in support of UK and global net zero ambitions.
The Council includes representation from the financial and professional services sectors, real economy, government, regulators, standard setters, and civil society.
The Council is led by Chair Lord Alok Sharma KCMG, and Deputy Chair Irem Yerdelen, Lead Member for Sustainable Finance at the City Corporation.
Launched during London Climate Action Week
As part of London Climate Action Week 2025, the Transition Finance Council is pleased to announce the launch of two important new publications:
This paper introduces initial work to define high-level guidelines for credible transition finance, focusing on integrity, impact, and global applicability. The paper invites discussion ahead of upcoming consultation.
This call for evidence seeks views on how sector-specific transition roadmaps can enable the flow of finance to support the credible decarbonisation of high-emitting sectors and the developers of climate solutions.
These publications represent the beginning of a wider programme of work by the Council to build market confidence, unlock investment, and establish the UK as a global leader in high-integrity transition finance.
To participate or respond to the Call for Evidence, contact: transitionfinancecouncil@cityoflondon.gov.uk