The Transition Finance Council

The Transition Finance Council (TFC) was co-launched by the City of London Corporation and HM Government in February 2025. 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 the Rt Hon. Lord Alok Sharma KCMG, and Deputy Chair Irem Yerdelen, Lead Member for Sustainable Finance at the City Corporation.

The TFC has delivered a series of publications developed collaboratively with industry, finance, policymakers, and civil society. Aligned with our broader mission, they are designed to guide market practice, inform policy, and help unlock investment for real economy emissions reductions.

Transition Finance Council publications

Visit our sustainable finance insights page to explore publications from the Transition Finance Council

Sustainable finance insights

Lord Alok Sharma KCMG

Lord Alok Sharma KCMG, Chair of the Transition Finance Council, speaks at the Autumn Showcase, reflecting on the Council’s first six months and its role in advancing credible transition finance.

Councillor Irem Yerdelen

Councillor Irem Yerdelen, Deputy Chair of the Transition Finance Council, speaks at the Mid‑Year Showcase, highlighting early progress, collaboration, and momentum behind the Council’s work.

Supporting the UK’s ambition to remain a global leader in transition finance

Looking ahead, the Transition Finance Council  will build on its first year through continued international engagement and road testing of the guidelines. The goal is to support the UK's position as a global leader in transition finance.

The work programme will focus on three priorities:

  • internationalisation and alignment
  • industry road‑testing and domestic adoption
  • market development and instruments

Transition finance

Financing the global transition

Financing the global transition

Transition Finance Council

Leadership and structure

Leadership and structure