皇冠体育app

• the awards: the Largest Green Sovereign Bond and Sovereign Green Market Pioneer, were given in recognition of our innovative and world-leading approach to financing green projects
• the Climate Bonds Initiative, which hosted the Climate Bonds Awards, is an organisation dedicated to mobilising global finance to tackle climate change

HM Treasury was today recognised for its global leadership in green finance by winning two honours at the 鈥� which celebrates best practice and innovation in green finance.

皇冠体育app UK collected the聽Largest Green Sovereign Bond and the Sovereign Green Market Pioneer award for its work on green finance in 2021. 皇冠体育app first honour celebrates the UK鈥檚 inaugural green gilt issuance in September 2021, issued by the UK Debt Management Office, which raised 拢10 billion to fund projects such as offshore wind 鈥� and was the largest inaugural green bond issuance ever undertaken by a sovereign.

皇冠体育app judges also recognised the UK鈥檚 innovative approach to green finance, including through establishing the world-first Green Savings Bonds, which allow savers to deposit money with the government, with the government then allocating the same amount for investment in green projects such as offshore wind.

Economic Secretary to the Treasury, John Glen said:

I am delighted that the UK鈥檚 innovative approach to tackling climate change has been recognised at the Climate Bond Awards.

皇冠体育app UK鈥檚 green bond is a key pillar of our green finance agenda and will help reinforce the UK鈥檚 position as a leader in sustainable finance, and our continued commitment to make the UK the world鈥檚 first net zero aligned financial centre and net zero economy by 2050.

皇冠体育app UK became the first major economy to require fully mandatory reporting on climate-related risks and opportunities across the economy, in line with the Taskforce on Climate-Related Financial Disclosures (TCFD). 皇冠体育app UK is also developing the gold standard for private sector transition plans through the Transition Plan Taskforce.

Further information

• the Climate Bonds Awards celebrates best practices and innovation in green finance with achievements by organisations, financial institutions and governments worldwide. At the 7th Climate Bonds Awards, the achievements of 2021 are celebrated

• the UK鈥檚 green bond raises money to be spent on green projects, defined by the UK鈥檚 Green Financing Framework. This includes investment in offshore wind, zero-emission buses, and schemes to decarbonise homes and buildings

• the UK is building on its leading TCFD work through the publication of

• press notice: UK鈥檚 first Green Gilt raises 拢10 billion for green projects

• Green Financing Framework

• view the