The finance sector will play a vital role in determining whether the world will successfully transition towards a low-carbon, sustainable economy. As an important stakeholder to the world's economic actors, the finance industry can exert enormous influence by aligning investment and lending activities with the goals of the Paris Agreement and engaging their clients and investee companies to do the same.
This report provides an indicative, up-to-date assessment of the size of the global carbon footprint that is financed by some of the largest and most systemically important entities in the UK's financial sector, in other words, the UK's 'financed emissions'.
This report is published by WWF UK and Greenpeace UK. They commissioned South Pole, a climate solutions and project developer to design and conduct the indicative quantitative analysis in this report.
