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 Events
  Evento: Promoviendo las Finanzas Sostenibles en el Cono Sur
3 November, 2016
Santiago, Chile
 
     
  UNEP FI 2016 Global Roundtable
25-27 October, 2016
Dubai, United Arab Emirates
 
     
  Sustainable Investment Forum
20 September, 2016
New York, NY, USA
 
     
  German launch of the Sustainable Real Estate Investment Report
14 September, 2016
Munich, Germany
 
     
  Lunch Discussion, Sustainable Real Estate Investment
7 September, 2016
Singapore
 
     
  Roundtable: 'Fiduciary Duty in the 21st Century: Focus on Asia'
12-29 July, 2016
Mumbai, Shanghai, Hong Kong
 
     
  Global Launch: Statement into Investor Obligations and Duties
29 June, 2016
Paris, France
 
     
  UNEA Symposium on Mobilizing Sustainable Investments: Making private finance work for sustainable development
25 May, 2016
Nairobi, Kenya
 
     
  Kick-off meeting of Mongolian Green Credit Fund Working Group
23 May, 2016
Ulaan Baatar, Mongolia
 
     
  Environmental Risk and Sovereign Bonds - ERISC II launch event
18 May, 2016
London, UK
 
     
  Sustainable Finance Forum Turkey
11 May, 2016
Istanbul, Turkey
 
     
  French launch of the Sustainable Real Estate Investment Report
20 April, 2016
Paris, France
 
     
  » All Events  
 Training & Tools
  Environmental & Social Risk Analysis Online Course
12-30 September, 2016
Language: English
22 October - 11 November, 2016
Language: Spanish
31 October - 18 November, 2016
Language: French
 
     
  Introductory Training Workshop on Environmental and Social Risk Analysis
2 September, 2016
Asuncion, Paraguay
 
     
  Human Rights Guidance Tool for the Financial Sector
1 December, 2014
version
 
     
  Banking Guide

28 September, 2014
version
 
     
  » All Events  

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

Finance sector to address key sustainability opportunities at UNEP FI Global Roundtable

25 October, 2016

The new 2015 Sustainable Development Goals (SDGs) and Paris Climate Agreement have made it more clear than ever that the finance sector now has a vital role to play in driving sustainable development. This increasing role opens doors to new opportunities for finance institutions, governments and other sustainability players in business and in catalyzing change. The UNEP FI 2016 Global Roundtable (GRT) and Annual General Meeting, to be held in Dubai between 25 – 27 October, will be the ideal opportunity for the finance sector to answer some of the most pressing questions facing the finance world today. Both events are to be hosted by the Ministry of Climate Change and Environment of the UAE with the support of the Central Bank of the UAE.
More details

 

Introductory Training Workshop on Environmental and Social Risk Analysis

19 August, 2016


UNEP FI/Ecobanking are organizing an Introductory Environmental and Social Risk Analysis training workshop, in collaboration with the Sustainable Finance Table of Paraguay (“Mesa de Finanzas Sostenibles de Paraguay”) . This training session will take place on the 2nd of September in Asuncion.
We are convening this workshop with the aim of sensitizing bankers, risk & credit managers and other relevant parties across the financial sector, on the importance, effective techniques and consequential benefits of incorporating environmental and social considerations into their investment and risk management decision-making.

 

Five Chinese banks endorse the Energy Efficiency Finance Statement under the Chinese G20 Presidency

19 August, 2016

Facing acute environmental challenges, China has made the greening of its economy a priority and has embraced sustainable finance with a remarkable leap in the green bond market in 2016. Energy efficiency is recognized a key measure to reduce emissions of greenhouse gas and other pollutants. In 2015, financial authorities issued credit guidelines to stimulate banks’ financing of energy efficiency. Under China’s G20 Presidency, G20 nations have adopted a new long term strategy to catalyze energy efficiency and its financing. In this context, five Chinese banks (Industrial Bank, ICBC, Bank of Jiangsu, Agricultural Development Bank of China and Huaxia Bank) have joined the global mobilization of over 115 banks led by UNEP FI and EBRD and promoted by the G20 Energy Efficiency Finance Task Group. This unique initiative was presented to G20 delegates in Beijing in June 2016, sending a strong message to policy makers on the readiness of the banking sector to scale-up energy efficiency financing and the need for supportive and investment-enabling policies.

 

Environmental & Social Risk Analysis (ESRA) online course: Impact survey results

15 August, 2016


The ESRA Online Course has been held in English, French and Spanish since its inception in 2006. UNEP FI and its programme partners INCAE Business School, Ecobanking Project and GIZ wished to evaluate the impact and influence of the ESRA Online Courses in the financial activities of the former participating institutions who had taken the course six months or more since they participated in the ESRA Course. To measure this impact and influence, the partners created a survey that could be completed online. Please see the results.

 

Introductory Training Workshop on Environmental and Social Risk Analysis

1 July, 2016

15 July 2016 | Lima, Peru

UNEP FI/Ecobanking are organizing in Peru an Introductory Environmental and Social Risk Analysis training workshop, in collaboration with GIZ Peru. This training session will take place on the 15th of July in Lima.
We are convening this workshop with the aim of sensitizing bankers, risk & credit managers and other relevant parties across the financial sector, on the importance, effective techniques and consequential benefits of incorporating environmental and social considerations into their investment and risk management decision-making, mainly focused on the housing sector.
Read more

 

Launch: Global Statement on Investor obligations and duties

29 June, 2016

UNEP FI and its partners PRI and The Generation Foundation launched the Statement as a way to address many of the misconceptions that still exist around investor duties and obligations. It points to weaknesses in international and national policy frameworks as a barrier for investors to take account of ESG issues in their investment processes, in their dialogue with companies, and in their engagement with policymakers.
“Meeting Paris agreement’s goals will require the full mobilization of all stakeholders, including financial sector actors. I fully support PRI and UNEP FIs efforts to make financial flows consistent with the needed limitation of greenhouse emissions and the financing of climate resilient development” - Mr. Michel Sapin, Minister of Finance, France.
Investors are invited to sign the Statement.
More information www.fiduciaryduty21.org
Press Release
The Statement

 

PDC to award research prize on aligning investment portfolios with a low carbon economy

21 June, 2016

Investors and financial regulators are increasingly aware of the risks associated with a changing climate. In a recent speech to the insurance industry, the Governor of the Bank of England warned of huge losses faced by investors exposed to these risks. These risks are twofold. Firstly, there are those posed by climate change itself, through the destruction of infrastructure assets due to extreme weather, for example. Secondly, the risks and opportunities posed by the necessary transition to a low-carbon economy, if we are to avoid the worst effects of climate change. What are the implications for investors if such risks remain largely unexplored?
Against this background, the Portfolio Decarbonization Coalition (PDC) is supporting research projects with potential applications in the field of investment management with a grant of € 12.500 and full access to Trucost’s database. The PDC represents investors worth $3.2 trillion in assets under management (AUM) and oversees the decarbonization of $600bn AUMs. It is the only investor network focused on portfolio design and portfolio level action to adapt to a changing climate.
For more information, visit unepfi.org/pdc/pdc-to-award-research-prize-for-projects-addressing-carbon-risks-at-portfolio-level/

 

VfU, UAB and BASA join as UNEP FI Supporting Institutions

2 June, 2016

UNEP FI has launched a new Supporting Institutions status for players within the financial system who are not financial institutions but nonetheless have a key role in delivering sustainable finance, and who wish to work with UNEP FI to pursue this agenda. UNEP FI is delighted to be welcoming its first three Supporting Institutions from three different regions in the world. The VfU (the leading sustainable finance network for German-speaking financial institutions), the Union of Arab Banks (UAB), and the Banking Association of South Africa (BASA) have formally joined UNEP FI as Supporting Institutions.
View more information about Supporting Institutions.

 

New Publication: ERISC Phase II: How food prices link environmental constraints to sovereign credit risk

23 May, 2016

The ERISC project, short for Environmental Risk Integration in Sovereign Credit Analysis, aims to help financial institutions to integrate environmental risks in their risk assessments and investment decisions by identifying and quantifying how they can affect countries’ economic performance and thereby their cost of credit in the sovereign debt market. The project’s premise is that sovereign credit risk can be materially affected by environmental risks such as climate change, ecosystem degradation, water scarcity, and deforestation.
Phase I showed that environmental risks are material, and quantified this for five countries. In his second phase of research, we focus on food prices as one of the key transmission mechanisms between environmental risks and economic impacts and quantify these impacts for 110 countries. The global food system is vulnerable to changing environmental conditions. Climate change along with land and water scarcity will increasingly affect food production on the supply side. At the same time, demand for food will increase as a result of global population and income growth. The growing imbalance between rising demand for food and the capacity to supply it, will lead to greater variability in food production, higher and more volatile food commodity prices, and a higher likelihood of price shocks.
The results can inform bond investors and credit rating agencies, but also governments looking for ways to reduce economic impacts from environmental risks.

 

UNEP FI co-convenes kick-off meeting of Mongolian Green Credit Fund Working Group

23 May, 2016

UNEP FI, together with the Mongolian Ministry of Environment, Green Development and Tourism (MEGDT), the Mongolian Bankers Association (MBA), Partnership for Action on Green Economy (PAGE), the Global Green Growth Institute (GGGI) and German International Cooperation (GIZ), recently convened the kick-off meeting of the Mongolian Green Credit Fund Working Group. This working group, comprised of representatives from the government, banking sector, local enterprises and development agencies, will serve as the platform for the inclusive development of a national financing framework that spurs lending into green projects. UN Environment Assembly (UNEA) President and Mongolian Parliament member Ms. Oyun Sanjaasuren, in her welcome speech, supported the vision of the working group, saying that a green financing framework will promote investments in environmental protection and human development and finance a green economy - two core objectives of the national Green Development Policy. The kick-off meeting is one of the agreed outcomes of the 2015 Mongolian Sustainable Finance Forum.

 

UNEP appoints Eric Usher as the new Head of UNEP FI

13 May, 2016

We are delighted to announce that the United Nations Environment Programme (UNEP) has appointed Eric Usher as the new Head of the UNEP Finance Initiative. After serving in an interim capacity since 2015, he is stepping into the role permanently to lead the UNEP partnership with over 200 financial institutions world wide with a combined asset size of over USD 63 trillion.
 
Eric brings twenty five years of experience in the sustainable energy and finance sectors, including an entrepreneurial venture in Morocco, financial sector development across emerging markets and responsible investment uptake globally. Please see his bio.

 

 



Featured Publications
  PDF Fiduciary duty: Global statement on investor obligations and duties
(233 KB | 10 pages)
 
    
  Press Release  
     
  PDF ERISC Phase II: How food prices link environmental constraints to sovereign credit risk
(2.3 MB | 28 pages)
 
    
  Environmental Risk Integration in Sovereign Credit Analysis  
     
  PDF UNEP FI Overview 2015
(4.7 MB | 28 pages)
 
    
  Round-up and analysis of UNEP FI activities in 2015
Korean version
Japanese version
 
     
  PDF French Energy Transition Law
(1.9 | 16 pages)
 
    
  French version  
     
  PDF Sustainable Real Estate Investment
(6.6 MB | 70 pages)
 
    
  Implementing the Paris climate agreement: an action framework
Executive summary
 
     
  PDF State of Green Finance in the UAE
(2.3 MB | 20 pages)
 
    
  The first national survey on contributions of financial institutions to Green Economy  
     
  PDF Banks and Human Rights: A Legal Analysis
(833 KB | 62 pages)
 
    
  Examining banking and human rights from a UN Guiding Principles, hard law and soft law perspective  
     
  PDF Climate strategies and metrics
(4.5 MB | 81 pages)
 
    
  Exploring Options for Institutional Investors  
     
  PDF From disclosure to action: PDC annual report
(1.8 MB | 50 pages)
 
    
   
     
  PDF Towards including natural resource risks in cost of capital
(6.3 MB | 54 pages)
 
    
  State of play and the way forward  
     
  PDF Integrating Climate Risks in Real Estate
(524 KB | 4 pages)
 
    
  French version
Press release
 
     
  PDF Business unusual: Why the climate is changing the rules for our cities and SMEs
(3.5 MB | 29 pages)
 
    
  Showcases how cities and SMEs are building resilience to climate risks
French version
 
     
  PDF Positive Impact Manifesto
(400 KB | 4 pages)
 
    
  A different approach to banking and investment for a changing world
Flyer
 
     
  PDF Fiduciary duty in the 21st century
(14.5 MB | 88 pages)
 
    
  Aims to end the debate surrounding environmental, social and governance (ESG) issues and fiduciary duty
Japanese version/summary
Portuguese summary
 
     
  MoreAll Publications