This House of Lords Library Briefing has been prepared in advance of the debate on 18 January 2018 on the following motion moved by Lord Teverson (Liberal Democrat) “that this House takes note of the case for the UK to remain a global leader for green finance, and for the UK’s financial sector to be resilient to climate change”.
Green Finance and the Resilience of the Financial Sector to Climate Change (311 KB , PDF)
The UK Government has defined green finance as including private sector investments in technologies, infrastructure and start-ups which assist in the creation of jobs, the expansion of businesses and the development of economic growth, whilst reducing greenhouse gas emissions. The G20’s Green Finance Study Group (GFSG) has described green finance as financing investments that provide environmental benefits in the broader context of environmentally sustainable development.
This Briefing outlines what green finance is, recent government policies designed to promote it and finishes with an examination of the potential effects of climate change on the UK’s financial sector, with a particular focus on the work of the Bank of England.
Green Finance and the Resilience of the Financial Sector to Climate Change (311 KB , PDF)
This briefing is the first of a series on the post-war history of the UK economy. The series will go decade-by-decade from the 1950s onwards, providing an overview of the key macroeconomic developments of each decade. This first briefing looks at the 1950s. The economy expanded significantly over the course of this decade, fluctuating between periods of high and low growth, generating broad-based real-terms income growth across the country.
The National Insurance Contributions (Reduction in Rates) Bill would give effect to reduced national insurance rates announced by Chancellor Jeremy Hunt in the 2023 autumn statement.
The Digital Markets, Competition and Consumers Bill is a government bill carried over from the 2022–23 session. It is scheduled to have its second reading in the House of Lords on 5 December 2023.
