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Britain appoints Alok Sharma to chair Transition Finance Council


Published on 2025-01-23 06:20:48 - Reuters
  Print publication without navigation

  • The UK government and City of London Corporation have chosen Alok Sharma to chair the Transition Finance Council, as Britain bids to become a global hub for financial products and services that facilitate an economy-wide transition to net zero.

Britain has appointed Alok Sharma, a former president of the COP26 climate summit, as the chair of the Transition Finance Market Review Council. This council aims to explore how the financial sector can support the transition to a net zero economy. Sharma, who also served as business secretary, will lead efforts to identify and overcome barriers to scaling up transition finance, ensuring that the UK remains at the forefront of global efforts to combat climate change. The appointment was announced on January 23, 2025, highlighting the government's commitment to integrating climate considerations into financial decision-making processes.

Read the Full Reuters Article at:
[ https://www.reuters.com/world/uk/britain-appoints-alok-sharma-chair-transition-finance-council-2025-01-23/ ]
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