On 12 May, DESNZ and the Department for Environment, Food & Rural Affairs opened a consultation on the development of an update for the UK’s Green Finance Strategy. The consultation closes on 22 June 2022, with the update planned for publication in late 2022. Since its publication in July 2019, the Green Finance Strategy has aimed to support the transition of the financial sector to net zero, mobilise investment to support green projects, and allow financial services to capture the opportunity presented by net zero and cement the UK’s leadership in green finance. Several key financial initiatives have been launched off the back of it, including placing finance at the centre of COP26 in Glasgow, with a Finance Day aimed at mobilising large scale finance for global net zero targets. The consultation aims to take stock of progress so far and set out how the UK can better ensure the financial services industry is supporting the nation’s energy security, environmental, and climate objectives, such as those outlined in the recent Energy Security Strategy. The consultation seeks to obtain evidence and stakeholder views through 39 questions on four key areas: capturing the opportunity of green finance, greening the financial system, leading internationally, and mobilising finance for the UK’s climate, energy security, and environmental objectives.