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G7 Finance Ministers and Central Bank Governors meeting chaired by Chancellor agrees ambitious climate agenda in UK’s COP Presidency year

The Chancellor chaired a meeting with G7 counterparts today where they agreed an ambitious green agenda ahead of COP26, the UN Convention on Biological Diversity COP15 and beyond.

  • G7 Finance Ministers and Central Bank Governors discuss their role in driving forward the transition of their economies and financial systems to net zero
  • Chancellor highlights the need for G7 to raise its climate finance ambition to support the $100 billion target
  • Chancellor calls for improved climate-related financial disclosures and international transparency to tackle illicit finance from illegal wildlife trade

This is the first of a series of discussions that Finance Ministers and Central Bank Governors will have on these topics during the UK’s G7 Presidency this year.

Read more: G7 meeting