Politics
U.K. Rules on Green Investing Aim to Be More Strict Than EU
- Britain mulls going further on housing emissions, gas industry
- Taxonomy likely to link to planned green bond standards
Photographer: Jon super/AFP/Getty Images
This article is for subscribers only.
The U.K.’s rules to define sustainable investing will be more ambitious than the European Union’s recent effort, according to the head of the expert panel advising the government.
Ingrid Holmes, chair of the nation’s new Green Technical Advisory Group, said this planned framework will reflect the U.K.’s desire to go further and faster in its climate targets than the bloc. Building efficiency standards and the classification of energy sources such as hydrogen and natural gas are examples of areas that may require tighter thresholds in Britain, she said.