Sir Roger Gifford, Chairman of the City of London Corporation’s Green Finance Initiative, has been appointed to chair a new UK Government Taskforce on Green Finance.

Sir Roger Gifford said:

“It’s a great privilege to chair the Green Finance Taskforce. The establishment of the taskforce shows that UK policymakers are prioritising the green agenda, and stimulating wider discussion about the opportunities and challenges associated with global green markets.

“Large-scale private investment will be needed to meet the huge demands on investment being created by the world’s transition towards a low-carbon economy. There is a real opportunity for the green finance sector to support and benefit from this fundamental economic change through greater international cooperation, such as greening the China-led infrastructure project, the Belt and Road Initiative.”

“These aims are very much shared with the City Corporation’s Green Finance Initiative, which promotes London and the UK as a leading global centre for green financial and professional services.”

For further information about the Green Finance Taskforce, please click here.

Notes to editors:

1. About the City of London CorporationThe City of London Corporation is a uniquely diverse organisation. It supports and promotes the City as the world leader in international finance and business services and provides local services and policing for those working in, living in and visiting the Square Mile. It also provides valued services to London and the nation. See www.cityoflondon.gov.uk for more details.

About the City of London’s Green Finance InitiativeThe Green Finance Initiative (GFI) was launched in January 2016 to promote London's status as a leading global centre for green financial and professional services, advocate for specific policy and regulatory developments and provide leadership on issues relating to market impediments and opportunities. For more information, please see http://greenfinanceinitiative.org/