I am honored to have been invited to serve on the Green Technical Advisory Group (GTAG) of the HM Government and HM Treasury, chaired by the Green Finance Insitute. The group was made up of financial market stakeholders and subject matter experts. I'm very grateful to the excellent teamwork with GFI and fellows GTAG members. Our advice is considered as an input to the UK Government’s green taxonomy development process. The role of the GTAG was to provide non-binding advice to HM Government (HMG) on market, regulatory and scientific considerations for developing and implementing a UK Green Taxonomy which facilitates more informed investment decisions. This included advising on: 

• An approach to developing a UK Green Taxonomy that is usable and practicable for financial and non-financial firms.

• UK Green Taxonomy requirements which drive informed decision-making for investors while placing a proportionate burden on business.

• Drawing together scientific and subject matter expertise to assist the UK Government in determining technical screening criteria (TSC).

• The rationale, implications and recommendations for any deviations from existing international frameworks or taxonomies.

• How to manage any data gaps.

• How the UK Green Taxonomy can best support the UK’s transition to Net Zero and tracking green financial flows.

• How the taxonomy could be used to align and accelerate the delivery of wider policy.