The UK has launched a public consultation on new draft Transition Finance Guidelines; a framework designed to unlock capital for high-emitting industries and position the country as a global hub for transition finance. The guidelines were published by the Transition Finance Council, co-founded by the City of London Corporation and the UK Government. 

The framework provides a clear playbook for companies, investors, and financial institutions navigating the shift to a net-zero economy. By focusing on companies rather than individual projects, the guidelines are designed to be flexible, proportionate, and practical, offering a voluntary framework that helps distinguish credible transition finance from greenwashing. 

This is a significant move, as these guidelines are a critical piece in developing a UK transition finance market that is open, investable, aligned with international standards and sets a global benchmark. Global investors, financial institutions, and regulators are invited to submit feedback on the draft guidelines until 19 September.