Transition Finance Market Review
Call for Evidence

The consultation period on the TFMR Call for Evidence has now closed.

Aim of the TFMR Call for Evidence

The UK has a significant opportunity to act as a global hub for financing transitional activities. To be successful, the benchmark that the UK sets in its approach to transition finance needs to strike the right balance between being:

• Ambitious – encouraging meaningful and credible progress that is consistent with the UK’s legally binding net zero by 2050 target and carbon budgets, as well as the Paris Agreement’s global goal to limit temperature increase to well below 2 and preferably 1.5 degrees Celsius, and;
• Fit-for-purpose – enabling uptake and the scaling of transition finance among market actors in a manner consistent with policy, regulatory and technology developments, while avoiding unintended consequences such as capital flight, the creation of social or systemic risks, or threatening environmental integrity.

To help us in developing our thinking on how that balance can best be struck, the Review sought views on the questions contained in the Call for Evidence from a diverse set of market actors. The Call for Evidence has now closed.