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 Events
  The Role of Finance in Promoting Sustainable Development
22 March, 2016
Geneva, Switzerland
 
     
  Managing Climate, Environment, Social and Governance in Real Estate
8 February, 2016
London, UK
 
     
  Launch of the Sustainable Finance Initiative (SFI) Guiding Principles & E-Learning Platform
1 December, 2015
Nairobi, Kenya
 
     
  UNEP FI and its role at COP 21
1-9 December, 2015
Paris, France
 
     
  Mongolian Sustainable Finance Forum to bring together an audience of 400
27 November, 2015
Ulaanbaatar, Mongolia
 
     
  UNEP-FI partnered World Forum on Natural Capital providing high-level discussions on future of natural capital
23-24 November, 2015
Edinburgh, Scotland
 
     
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 Training
  Environmental & Social Risk Analysis Online Course
22 February, 2016 -11 March, 2016
Language: Spanish
29 February – 18 March, 2016
Language: English
 
     
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 Training & Tools
  Corporate Ecoefficiency in Financial Institutions Online Course
2-20 May, 2016
Language: Spanish
 
     
  Human Rights Guidance Tool for the Financial Sector
1 December, 2014
version
 
     
  Banking Guide

28 September, 2014
version
 
     
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UNEP FI Initiatives

Principles for Sustainable Insurance

Natural Capital Declaration

Sustainable Stock Exchange Initiative Link to SSE Website

Portfolio Decarbonization Coalition
Link to PDC Website

UNEP FI Partners

Principles for Responsible Investment Link to PRI Website

UNEP FI and partners publish new action framework on sustainable real estate

8 February, 2016

Set in the context of both the Sustainable Development Goals and the Paris climate talks at the end of 2015, UNEP FI and partners have today published a new practical guide for real estate investors and their professional advisors to address climate risk and reduce greenhouse gas emissions (GHG) from property portfolios. The guide sets out the measures to improve returns and better protect the future value of real estate investments through engagement with climate agendas and environmental, social and governance issues.
More details
Press release

 

Results of UNEP FI and government survey demonstrate that UAE is already well on the way to green financing

25 January, 2016

Following a recent survey undertaken by UNEP FI and the UAE Ministry of Environment and Water, there is clear evidence not only that many of the UAE’s financial institutions are already investing in green products, but that that investment is on the rise.
Nearly half of the respondent institutions already provide a green finance product or service, while 41% are planning to introduce new products/services in the near future. Nearly a quarter of the respondent institutions from the banking and investment sectors have invested in green projects – including 75 domestic projects – from their assets. Furthermore, at least 0.27% of GDP was invested in domestic green projects.
Some institutions are already realizing substantial benefits from green finance through cost savings, additional revenues and increased share values. The most profitable cases reach as much as USD 20 million and 2% of total profits. If the entire UAE banking sector gained 2% of total profits from green finance, the total benefits would amount to USD 210 million a year.
Read the report in full.

 

New UNEP FI - Foley Hoag LLP research paper contributes to a better understanding of banking and human rights

18 December, 2015

A collaboration between Foley Hoag LLP and UNEP FI, this research paper offers a legal analysis of the current banking and human rights landscape. The paper provides an overview of the United Nations Guiding Principles on Business and Human Rights, and explores their implications for the banking sector. It examines both hard law and soft law related to banking and human rights, as well as the relationship between the two. The paper contributes to wider thinking on how banks can address human rights issues.

 

New report outlines options for portfolio decarbonization - across asset classes, investor strategies, and metric families

10 December, 2015

As the world transitions to a low-carbon future, institutional investors are increasingly motivated to contribute to greenhouse gas emissions reductions by starting to align their core portfolios with the financial requirements of the low-carbon economy; by starting to decarbonize their portfolios. Many investors recognize that the “climate friendliness” of their portfolios will affect their long-term success in a changing economy. The final version of the report Climate Strategies and Metrics: Exploring Options for Institutional Investors is a useful guide for investors who wish to help facilitate low-carbon change. Read more...

 

Global Market Leaders Gather in Paris to Support UN Climate Talks

7 December, 2015

As political leaders from around the world gather in Paris for COP2, global capital market leaders also came together to discuss how stock exchanges, investors and regulators can support the global climate agenda. The group was brought together by the Sustainable Stock Exchanges Initiative (SSE), a coalition co-organised by UNEP FI, which announced that Euronext Group, and the National Exchange of India joined the initiative today.
In 2015 as a whole, the SSE grew by 30 new partner exchanges to a total of 47 partner exchanges today.
Read the press release
Event page

 

UNEP FI and partners mobilise over 140 financial institutions to scale up global investment in energy efficiency

7 December, 2015

The unprecedented mobilisation of over 100 banks from 42 countries and investors managing close to USD 4 trillion supporting two specific Statements to increase energy efficiency finance was presented today at the Paris Climate Conference. It highlights the fast growing awareness of the relevance of energy efficiency to remain under a 2°C Scenario, while also serving sustainable development goals.
The topic is relevant for all countries, and benefits from the first G20 dedicated work led by the G20 Energy Efficiency Finance Task Group which proposed investment principles for countries to provide more investment-enabling conditions that were welcomed by the G20 energy ministers.
Committed to promote the topic over the last 3 years, UNEP FI has joined forces with other initiatives to enable the broadest mobilization of financial institutions and bring their positive contribution to the COP.

 

Portfolio Decarbonization Coalition announces two new members

7 December, 2015

Today at COP 21, the Portfolio Decarbonization Coalition (PDC) announces its latest members, two of the world's largest institutional investors, Allianz and ABP. PDC now convenes 25 investors overseeing the decarbonization of $600 billion in Assets under Management, surpassing the PDC target of $100bn. The PDC is also launching its first annual report which describes the decarbonization strategies of its members.
Read the press release.
Watch the press conference.

 

UNEP FI to lead research into adaptation of private finance for climate change

7 December, 2015

Climate change will increasingly impact economies around the world, forcing them to adapt. In response, governments have begun to expend considerable effort in order to identify and plan measures to cope with these impacts – measures to adapt.
To inform and support the climate agenda, UNEP FI, with partners, have launched a major research effort focused on Demystifying private climate finance. Its aim is to deliver answers to three questions: 1. What does the private financial landscape look like? 2. Where and how does it connect with climate change mitigation and adaptation? 3. And how can it be best mobilised by public actors?
The first issue, largely focused on mitigation, was launched at COP20 in Lima in 2015.
Read a one-page summary of the approach to the adaptation report.

 

Portfolio Decarbonization Coalition now overseeing decarbonization of $600bn Assets Under Management

6 December, 2015

CEO of AP4 Mats Andersson, one of the co-founders of the PDC, presents at the COP 21 Action Day plenary and announces that PDC has far exceeded its decarbonization target and reached the $600bn mark. Other speakers at the plenary included actor Sean Penn, former Vice President Al Gore and former mayor of New York City Michael Bloomberg.
Watch the Mats Andersson video.
Read From disclosure to action: PDC annual report.

 

UNEP FI welcome new signatory Şekerbank

3 December, 2015


UNEP FI extends a warm welcome to their newest signatory Şekerbank, based in Turkey. Founded in 1953 in Anatolia, Şekerbank T.A.Ş began as a cooperative bank managing the small savings of thousands of sugar beet cooperative member farmers in order to finance agriculture, rural development and local production. Today as a nationwide commercial bank, Şekerbank T.A.Ş.is guided by its founding mission of financing sustainable development.
More information

 

COP 21: UNEP FI mobilises real estate sector to play a significant role in limiting global temperature increase to below 2°C

3 December, 2015

With one-third of all global emissions generated by buildings, current levels of investment in energy efficient buildings need an estimated increase of USD 300 Billion per year by 2020. For the buildings sector to contribute to a below 2°C pathway, therefore, a coalition led by UNEP FI today presents a new briefing on Integrating Climate Risks in Real Estate to send a signal of support to governments at COP and to call on other investors to scale up their investments in energy efficient and sustainable buildings.
In parallel, there is unprecedented mobilisation by banks and investors on energy efficiency aimed at driving action on the policy side.
At COP21, UNEP FI is today co-convening the finance session/panel of the first ever COP Buildings Day, where a new Global Alliance for Buildings and Construction (GABC) is being launched to catalyse greater collaboration between real estate stakeholders and organisations to achieve greater scale and increase the pace of transformative action.
Briefing: Integrating Climate Risks in Real Estate
French version
Press release

Discussion group at the COP Buildings Day

 

UNEP FI and PAGE highlight role of finance in Mongolia's green economy development

3 December, 2015

On 25 November in Ulaanbaatar, Mongolia, the Mongolian Sustainable Finance Forum 2015, organised by UNEP FI and Partnership for Action on Green Economy (PAGE) with the Mongolian Bankers Association (MBA) and XAC Bank, brought together some 400 participants to discuss the establishment of a green credit fund as a potential incentive in financing the country’s green development. Mongolia has made strides in translating its Green Development Policy (GDP) into key sectoral actions. But the engagement among the finance sector, government agencies and the private sector can still be invigorated to mobilise finance for this transition to a green inclusive economy.
In her keynote speech, UN Environment Assembly (UNEA) President and Mongolian Parliament member Ms. Oyun Sanjaasuren emphasized that financing the strategic objectives of the GDP will not only contribute to a green inclusive economy, but will also meet some of the Sustainable Development Goals. Panelists from the Ministry of Environment, Green Development and Tourism, Bank of Mongolia, International Finance Corporation, Dutch Development Bank (FMO), Mongolian Chamber of Commerce and Industry and MBA agreed that an immediate next step would be to convene a working group through which the financing needs and possibilities for Mongolia can be better understood and eventually designed.

 

UNEP FI and the Korea Environmental Industry and Technology Institute (KEITI) lead knowledge exchange on green finance in East Asia

3 December, 2015

On 25 November in Seoul, Korea UNEP FI and the Korea Environmental Industry and Technology Institute (KEITI) brought together participants from Korea, China and Japan at the 3rd International Green Finance Seminar to exchange knowledge and experiences on green finance trends, global green bond trajectory and certification criteria, and environmental risk assessment tools. Around 100 representatives of financial institutions, the private sector, government agencies, and academia attended. The seminar UNEP FI featured the experiences of its Japanese members, particularly in providing inputs to the Japanese Principles sectoral Working Groups, engagements on sustainable property and research on fiduciary duty and natural capital.

 

UNEP FI’s Principles for Sustainable Insurance launches final, groundbreaking report of Global Resilience Project

2 December, 2015

At the “Resilience Day” event of COP21, the UNEP FI Principles for Sustainable Insurance (PSI) Initiative launched the final report of its Global Resilience Project. The report focuses on multi-stakeholder partnerships that have worked to address disaster risk reduction and climate change adaptation in order to build resilience at different levels of society—from districts and municipalities, to cities and countries.
To complement the disaster risk reduction focus, the report features innovative climate and disaster risk transfer/insurance solutions from around the world, from micro to macro levels. This section also includes effective claims management and the innovation of sharing insurance loss data for resilient planning and development by local governments. Many of the case studies include insurance organisations – many of whom are PSI members – exercising leadership and working together with public, private and civil society stakeholders.
Read the report “Collaborating for resilience: Partnerships that build disaster-resilient communities and economies
IAG’s press release

 

UNEP FI Principles for Sustainable Insurance Initiative one of transformative projects of UN Secretary General's Climate Resilience Initiative

30 November, 2015

A new initiative to build climate resilience in the world’s most vulnerable countries was launched today by UN Secretary-General Ban Ki-moon and 13 members within the UN system at COP21, the Paris Climate Conference. The new initiative will strengthen the ability of countries to anticipate hazards, absorb shocks, and reshape development to reduce climate risks. The newly announced initiative, the UN Secretary-General’s Climate Resilience Initiative — Anticipate, Absorb, Reshape — will help address the needs of the nearly 634 million people, or a tenth of the global population who live in at-risk coastal areas just a few meters above existing sea levels, as well as those living in areas at risk of droughts and floods. The Secretary-General’s Climate Resilience Initiative brings transformative projects from different agencies in several areas, including the Principles for Sustainable Insurance Initiative. The world is now experiencing a strong El Niño event, which could place as many as 4.7 million people at risk from drought in the Pacific alone.

 

The world’s insurers and reinsurers launch an "Appeal on Climate Change" in Paris in run-up to COP negotiations

27 November, 2015

The UNEP FI Principles for Sustainable Insurance (PSI) Initiative, UN leaders, government ministers, and industry leaders launched an ‘Appeal on Climate Change’ calling for the success of COP21 negotiations in early December. The call came at the 7th International Insurance Conference, organised by the French Federation of Insurance Companies (FFSA), and focused on the themes of climate change and financial regulation. The Appeal expresses the world’s insurers and reinsurers hope that an agreement to limit global warming to 2C by the end of the century will be reached. An important gathering of insurance industry leaders and regulators and public policymakers, the 7th International Insurance Conference exemplifies how the public and private sectors can work together to accelerate the transition to a low-carbon and climate-resilient economy.
Read the full AFA press release and Appeal on Climate Change.
See Achim Steiner’s video message.

 

 



Videos
 
Professor Alexander presents key findings on the report 'Stability and Sustainability in Banking Reform'

April 2015 – UNEP FI / CISL / UNEP Inquiry Expert Dialogue, Cambridge, UK.
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