Green Finance

Description

3.1 We recognise the successful delivery of government environmental goals will require a significant uplift in the levels of both public and private investment, and involve the mobilisation of private finance, more broadly, in supporting these goals. We plan to monitor and hold HM government to account in realising their plans for mobilising green finance, as outlined in the recently published Green Finance Strategy and Nature Markets Framework. 3.2 This foundational project should help us to develop our understanding of themes and issues relevant to green finance. Our focus is how green finance can best be mobilised at scale and pace to support the delivery of the government's Environmental Improvement Plan (EIP). 3.3 Specifically, we're interested in the mobilisation of private finance through supporting efforts to integrate environmental factors into core decision making and markets (e.g. environmental disclosure, creating nature markets). We're also interested in where the private investment flows are going (e.g. sector, activity, environmental outcome). 3.4 Our remit is to assess progress across all 10 goal areas of the Environmental Improvement Plan (EIP). Within the broad scope of the EIP, we are currently most focused on improving nature at sea and on land, specifically targets relating to halting the decline in biodiversity (species abundance) by 2030 and reversing this decline by 2042, and water quality, specifically achieving good ecological status, and reducing diffuse agricultural pollution