How the City of London Corporation supports the growth of transition finance
Transition Finance Market Review
The City of London Corporation hosted and co-led the secretariat for the independent, Government-commissioned Transition Finance Market Review (TFMR).
The TFMR is an independent, market-led initiative commissioned by the UK Government and chaired by Vanessa Havard-Williams. Through extensive stakeholder engagement – including over 40 workshops and 200 bilateral meetings – it has developed practical recommendations for scaling transition finance while maintaining market integrity.
The TFMR’s final report Scaling Transition Finance: Findings of the Transition Finance Market Review was published in October 2024. The City of London Corporation recently co-launched the Transition Finance Council with UK Government, spearheading the UK's transition finance agenda.
The Transition Finance Council
The City of London Corporation recently co-launched the Transition Finance Council with UK Government, spearheading the UK's transition finance agenda. The Council’s aim is to leverage the UK’s existing strengths to become the best place in the world to credibly raise transition capital, invest, and obtain financial and professional services in support of UK and global net zero ambitions.
The Council includes representation from the financial and professional services sectors, real economy, government, regulators, standard setters, and civil society.
The Council has three core functions:
- Monitor and drive implementation of the TFMR’s recommendations by government, regulators, and the market.
- Support transition finance capacity building and engagement across a breadth of UK and international stakeholders.
- Convene working groups to progress priority areas in accordance with the Council’s objectives.
Find out more on our Transition Finance Council page.