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Can green finance really help the City make up its losses after Brexit?

Ministers are hoping for a bright green future, but sustainable finance will be a tough, competitive market, not a bonanza

ESG
ESG Photo: Getty Images

Government ministers love talking about green finance. Anything green is good and anything that points to a bright green future for the City after Brexit is even better.

Apart from highlighting the pivotal role green finance will play in the transition to a low carbon economy, the cheerleaders make two points: it is also a good business for the financial sector; and London is one of the world leaders in the field.

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