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UK Government abandons Green Taxonomy plans

Canary Wharf, Citibank, Bank of America and HSBC Tower skyscrapers in Canada Square at London's Docklands.
Photo: Pawel Libera/Getty Images

Following mixed feedback, focus is shifting to other sustainable finance initiatives.

The UK Government will discontinue plans for a standalone UK Green Taxonomy, a classification system intended to define environmentally sustainable economic activities. The move, announced on July 15, 2025, and detailed in HM Treasury’s (HMT) UK Green Taxonomy Consultation Response, follows mixed feedback from industry stakeholders and a re-evaluation of the

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