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UK wants to be global hub for green finance

The UK is hoping to re-fire momentum for international climate change agreements at Cancun to help it become the global centre for green finance

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The UK wants to restore momentum to negotiations at the United Nations climate change conference in Cancun, Mexico next week in part to help it realise the goal of making London the global hub for green finance, ministers said at a briefing.

"We have a very clear ambition to make London the global hub for green financial services – potentially a huge new market," Greg Baker, UK minister of state

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