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Will 2024 see stronger structures built around transition finance?

If 2023 was about regulators clamping down on greenwashing and the overuse of terms such as ‘green’ and ‘ESG’, will 2024 be about bringing greater clarity around transition finance?
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Will 2024 see stronger structures built around transition finance?Electric buses charge at a station in China. Image: Getty Images

Last year saw regulators attempt to bring greater clarity, transparency and probity around the use of terms such as ‘environmental, social and governance (ESG)’ and ‘green’.

This is how it played out. In January 2023, the UK’s Competition and Markets Authority announced plans help it to better understand how consumer protection legislation could be used to tackle misleading environmental claims that affect consumers.

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Anita Hawser is the Europe editor at The Banker. For the past 20 years, Anita has worked as a freelance journalist for a range of banking, finance and tech titles covering topics such as cybersecurity, financial crime, cryptocurrencies, payments, trade and supply chain finance. Before joining The Banker, Anita was Europe editor at Global Finance.
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