Representatives from two of Scotland's largest financial services groups have called on governments and regulators to commit to long-term policies around renewable energy so they can follow with significant institutional investment.
During a panel debate at the Ethical Finance Global 2022 conference yesterday, they were joined by the City of London's policy chair Chris Hayward in arguing for more regulatory and legislative certainty to lure large sums from pension funds and asset managers.
"The problem with politicians is that we come and go, and policies change, so how do we maintain that momentum between now and 2050?" asked Hayward. "We can’t fall into the trap of talking the talk, but kicking the ball down the road.
