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Written question asked by Alexander Stafford (Conservative) on Monday, 13 July 2020, in the House of Commons. It was due for an answer on Wednesday, 15 July 2020. It was answered by John Glen (Conservative) on Tuesday, 21 July 2020 on behalf of the Treasury.


Government Securities: Environment Protection

Question

To ask the Chancellor of the Exchequer, what recent discussions he has had with his counterparts in (a) France, (b) Poland, and (c) the Netherlands on the issuing of green gilts.

Answer

The government has been carefully considering the potential issuance of a UK sovereign green bond and will keep this under review. In considering new policy, the government engages with a range of stakeholders, including foreign governments, in order to be fully informed of different viewpoints.

The government published its Green Finance Strategy last year, which includes the ambition to align private sector financial flows with clean, environmentally sustainable and resilient growth, and strengthen the competitiveness of the UK financial sector. The government continues to support the financial services sector and firms in their capability, competitiveness and the transition to net zero, including through the recently launched Green Finance Education Charter and work with the Task Force on Climate-Related Financial Disclosures.


Secondary information

Type
Written question
Reference
73149
Session
2019-21
Grouped for answer
Yes
Subjects
Environment protection France Government securities Poland Netherlands
Link
View this Written question on www.parliament.uk