2020: British International Investment launched its Climate Change Strategy, including a net zero 2050 target. 2021: The UK hosted COP26 and launched GFANZ, the world's largest coalition of financial institutions committed to net zero, which unites over 550 members across the financial sector committed to align with a net zero future, spanning 50 countries and representing 40% of global private financial assets.²3 Government also announced its ambition to become the world's first Net Zero-aligned Financial Centre, including the intention to move towards makings it mandatory for firms to disclose their transition plans. commitments from members.