London loses points in Global Green Finance ranking: Positive Money response

London, 24 April 2025 - Positive Money responds to the news that London has lost 36 points in the 2025 edition of the Global Green Finance Index (GGFI).

The GGFI is an investor-led ranking of international financial centres – such as London and New York – based on the perceived quality and depth of the green financing activities in each location.

Ellie McLaughlin, Senior Policy and Advocacy Manager at Positive Money, said: 

“The news that London’s score in the Global Green Finance Index has dropped will be unwelcome news to a Government who pledged to make the UK a world leader in sustainable finance.

“Amidst global economic uncertainty, it is more important than ever that the UK assumes a leadership role, and that the Government and Bank of England take bold action to channel financing into the green industries of the future.

“This means giving the National Wealth Fund power to mobilise private finance at scale, and the introduction of tools such as term-funding schemes to provide cheaper financing for green projects.”

Notes:

• The latest GGFI can be found here: https://www.longfinance.net/programmes/financial-centre-futures/global-green-finance-index/ggfi-publications/the-global-green-finance-index-15-supplement-momentum-builds-on-sovereign-sustainability-linked-bonds/ 

• For further information or to speak to a spokesperon, please contact press@positivemoney.org.uk

About Positive Money:

Positive Money is an international research and campaign organisation working to redesign our economic system for social justice and a liveable planet. Set up in the aftermath of the financial crisis, Positive Money is a not-for-profit company funded by charitable trusts and foundations, as well as small donations from its network of supporters. Find out more: www.positivemoney.org