(Wednesday 15th March) Commenting on today’s Spring Budget, Fergus Moffatt, Head of UK Policy at responsible investment NGO ShareAction, said:

“It was disappointing to see the lack of detail from the Chancellor about the finance sector’s role in driving our transition to a net zero economy - this sector is crucial to ensuring the UK can meet its climate goals.

“The government should ensure that its upcoming Green Finance Strategy mandates the financial regulator to prioritise action to protect nature and reduce emissions over the current short-sighted focus on competitiveness, and requires all large UK businesses to publish net zero transition plans.”