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Thirteenth Report - Net zero and the Future of Green Finance

Treasury Committee HC 147 Published 22 April 2021
Report Status
Government responded
Conclusions & Recommendations
24 items (21 recs)
Government Response
AI assessment · 24 of 24 classified
Accepted 13
Accepted in Part 1
Acknowledged 3
Deferred 3
Not Addressed 4
Government response
Net Zero and the Future of Green Finance: Responses to the Committee’s Thirteenth Report of Session 2019-21 · published 16 Jul 2021
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Recommendations & Conclusions

1 item
10 Recommendation Accepted in Part
Para 80

We note the debate at the Productive Finance Working Group Steering Committee on retail access...

Recommendation
We note the debate at the Productive Finance Working Group Steering Committee on retail access to the ‘long term asset fund’ (LTAF). There should be clarity about who will have access to the LTAF. The Chancellor and the financial regulators … Read more
Government Response Summary
The government states the FCA has consulted on LTAF rules, expected to be finalised in Autumn, but cannot commit to a launch timeframe as it's industry-led. It notes that while LTAFs can support net-zero transition, the FCA is not proposing to mandate investment in specific assets.
HM Treasury
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