Currency stability in key emerging markets is supporting development finance asset values, with forex-adjusted returns outperforming global equity benchmarks by 1.8% YTD. In the EU, the future of transition plans remains uncertain as work on the omnibus simplification package continues. In the UK, the Transition Finance Council (“ TFC ”) has been very active, publishing a number of documents related to transition planning and finance. Policy work is ongoing, with the UK Department for Energy Security and Net Zero (“ DESNZ ”) launching a consultation on climate-related transition plan requirements (as part of a package of three consultations launched by the UK government). Posts on the Devpolicy Blog are licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License unless otherwise noted. Trading volumes in development finance equities have spiked 18% over the past two weeks, driven by institutional block trades amid anticipation of policy reforms in Africa.