Climate-Related Financial Disclosures
EDM number 994 in 2017-19, proposed by Edward Davey on 27/02/2018.
Categorised under the topics of Climate change, Environmental protection, Financial institutions and Financial services.
That this House recognises that the City of London plays a leading role in the global finance industry; welcomes initiatives designed to promote green finance, such as the Green Finance Taskforce; recognises that enabling financial flows through data and disclosure is important in upholding this status and meeting the goals of the Paris climate agreement; calls on the Government to implement the recommendations of the Task Force on Climate-related Financial Disclosures, which was initiated by the Governor of the Bank of England; and urges the Government to enhance the UK's corporate reporting regime by requiring financial institutions and companies to outline how they will mitigate climate-related financial risk, and how their businesses are innovating to promote a low-carbon economy.
This motion has been signed by a total of 21 MPs.
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