Scotland Vows To Become World Leader In Green Finance

  • 📰 Daily_Record
  • ⏱ Reading Time:
  • 61 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 45%
  • Publisher: 89%

Business News

Green Finance,Scotland,Investment

Deputy First Minister Kate Forbes announced a 'decisive action plan' to make Scotland a global hub for green and sustainable finance, as a new report outlines strategies to attract investments and tackle climate change.

Deputy First Minister Kate Forbes has vowed that Scotland will become a world leader in green finance and investment. Forbes pledged to act as a report was published setting out what she described as a "decisive action plan" to make the nation a "natural home for green and sustainable finance" across the world.

It includes a plan to ensure Edinburgh and Glasgow improves their global green finance rankings. The report calls on the Scottish Government to develop a "robust national framework" for retaining the country's existing base of financial services, while at the same time attracting other financial institutions and green investors to come here.

Forbes said: “This report is a decisive action plan as we progress towards making Scotland the natural home for green and sustainable finance. The financial services sector is key to delivering the benefits of the transition to net zero and we will use this route map to work together and ensure that Scotland - one of the world’s oldest financial centres – is able to maximise the opportunities ahead of us..

Scottish politics Pitt-Watson said: "Climate may be the greatest challenge facing humankind. Addressing it will require a huge investment and the services of the finance industry. Finance is a jewel in Scotland's industrial crown. Not only should there be many opportunities for green investment in Scotland, from wind to housing, there is also a huge opportunity for its financial services industry to serve the world.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 9. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kate Forbes pledges Scotland will become 'world leader in green finance'The Deputy First Minister made the vow as a new report set out a plan to turn the nation into a powerhouse for ethical and green investment.
Source: Daily_Record - 🏆 9. / 89 Read more »