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Sustainable finance and ESG: regulatory updates on transition finance, ESG ratings, CSRD/CSDDD and SFDR reforms, taxonomy and market standards—November–December 2025

Published on: 23 December 2025

Published by a LexisNexis Banking & Finance expert
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UK developments FCA speech highlights need for clarity and higher standards in transition finance

The Financial Conduct Authority has released a speech by Alicia Kedzierski, head of department in the sustainable finance division, delivered at the Loan Market Association’s Sustainable Finance Conference. Titled ‘Raising standards in transition finance: clarity, coherence, collaboration’, it emphasises the loan market’s pivotal role in funding the UK’s move to a low‑carbon economy. Kedzierski calls for clear, consistent definitions of ‘transition finance’ and for designing transition instruments so they neither overlap with nor compete against other product categories. See: LNB News 12/11/2025 14. Sources: Raising standards in transition finance: clarity, coherence, collaboration; and The sustainability‑linked loans market – two years on.

UKEF announces reinsurance agreement with Brazil and clean growth initiatives ahead of COP30

UK Export Finance has entered a reinsurance agreement with Brazil’s export credit agency, ABGF—the first agreement ABGF has made with another export credit agency. The arrangement will allow UKEF‑backed guarantees to support Brazilian exports that include British content, prioritising energy transition and infrastructure projects...

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