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Evening Standard
Evening Standard
Alex Daniel

UK says £58bn climate finance tool to launch on London Stock Exchange

United Kingdom London Sir Keir Starmer Ajay Banga Carl Court CIF Gareth RedmondKing Developing Countries the World Bank World Bank
Prime Minister Sir Keir Starmer attends a financial roundtable meeting on the sidelines of the Cop29 climate summit in Baku, Azerbaijan (Carl Court/PA) - (PA Wire)

A finance scheme designed to raise up to 75 billion dollars (£58 billion) for building clean energy projects in poorer countries is to launch on the London Stock Exchange (LSE).

The scheme, set up by green finance body the Climate Investment Funds (CIF), is a new financial mechanism designed to boost climate funding globally.

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