The government is publishing a consultation to gather views on the value case for launching a UK Green Taxonomy as part of a wider sustainable finance framework. This consultation will provide an evidence base to ensure that the government’s approach is pragmatic and holistic.
The purpose of implementing a green taxonomy is to support investment into activities aligned with sustainability goals, and to mitigate greenwashing. However, the government is aware that taxonomies can be complex in practice, and feedback on their value is mixed.
This consultation is therefore seeking views on whether a UK Taxonomy would be additional and complementary to existing sustainable finance policies, including in supporting market participants to make sustainable investment decisions, and the specific market and regulatory use cases which facilitate this.
This will inform an assessment of the value of implementing a UK Taxonomy, and exactly how it could be targeted to ensure it is as effective as possible.
The consultation will run for 12 weeks, closing on 6th February 2025.
Privacy notice
Click here to download and view the privacy notice for the consultation, which sets out how HM Treasury will use your personal data for the purposes of the ‘UK Green Taxonomy Consultation’ and explains your rights under the General Data Protection Regulation (GDPR) and the Data Protection Act 2018 (DPA).