On 14 November 2024, HM Treasury issued a consultation on a UK Green Taxonomy.

The purpose of the consultation is to establish whether a UK Taxonomy would be additional and complementary to existing policies in meeting the objectives of mitigating greenwashing and channelling capital in support of the Government’s sustainability objectives. The Government is also seeking feedback on how to maximise the usability of a UK Taxonomy, should respondents support taking one forward. This includes considering key design features that will impact the overall usability of a UK Taxonomy.

Next steps

The deadline for comments on the consultation is 6 February 2024.