Arab African International Bank (AAIB) in Egypt joins UNEP FI

20 June 2018

The AAIB joined UNEP FI in April this year becoming the second member from Egypt to join our global sustainable finance network. For many years, the bank has been active in embedding sustainability practices in their business and in the industry. Hassan Abdalla, CEO of AAIB said in a statement that “The UNEP FI is bound […]

Blog: A path to sustainable cocoa and forest restoration in Côte d’Ivoire

18 June 2018

    Part of UNEP FI’s work in ecosystems management includes creating investable models for investors, as well as providing knowledge, and imparting insight for private finance to contribute to sustainable land use projects. Côte d’Ivoire has the fastest rate of deforestation in the world, much of which is caused by the cultivation of cocoa, a commodity that is a big contributor to the economy. Thomas Yapo, UNEP FI’s Economics and Finance Consultant for Africa writes about […]

Europe moves to put its sustainable finance strategy into law

4 June 2018

On May 24th the European Commission released its first legislative package under its Action Plan for Sustainable Finance, including proposals on a sustainable taxonomy and investor duties. The Commission aims to make the financial sector a powerful actor in fighting climate change and meeting the sustainable development goals by further aligning the industry with the […]

288 investors with more than $26 trillion in assets call on world governments to scale up climate action to achieve the goals of the Paris Agreement

4 June 2018

  QUEBEC, 4 JUNE 2018 – As leaders gather in Canada for the 2018 G7 Summit, 288 institutional investors with $26 trillion in assets under management urged governments to step up their ambition and action to achieve the goals of the Paris Agreement, support investment in the low-carbon transition, and improve climate-related financial disclosures. “The […]

Brazil becomes world’s first insurance market to commit to climate risk transparency

24 May 2018

Latin America’s largest insurance market declares support for promoting dialogue on practical and effective ways to meet the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures   Brazil has made an unprecedented commitment to climate risk transparency by becoming the first insurance market in the world to declare its commitment to […]

High-level appointments to UNEP FI’s Global Steering Committee

4 May 2018

We are pleased to announce three high-level appointments to UNEP Finance Initiative’s Global Steering Committee. Ms. Brandee McHale, Director of Corporate Citizenship at Citi and the President of Citi Foundation in the USA has taken up the position of Co-Chair of the Global Steering Committee. Ms. McHale will Co-Chair the Committee with Dr. Christian Thimann, […]

Entrevista: Tomás Conde de BBVA España habla sobre los beneficios de haber tomado la capacitación de ARAS

30 April 2018

(Español) (English text below)   El internacionalmente reconocido Programa de Capacitación de Análisis de Riesgos Ambientales y Sociales (ARAS) fue desarrollado en 2005 por ONU Ambiente Iniciativa Financiera (UNEP FI, por sus siglas en inglés), INCAE Business School / Proyecto Ecobanking y la Agencia de Cooperación Alemana GIZ. Desde entonces, cursos virtuales y talleres presenciales […]

Take part in the first-ever global survey on underwriting environmental, social and governance risks in insurance

30 April 2018

Environmental, social and governance (ESG) issues—also known as sustainability issues—pose a shared risk to insurers, communities, businesses, cities, governments and society at large, providing a strong incentive for innovation and collaboration. Examples of ESG issues include natural disasters, pollution, carbon emissions, degradation of natural resources, illegal fishing and logging, child and forced labour, negative impacts […]

Blog: UNEP FI’s Margarita Pirovska discusses Investor duties and ESG integration in China

30 April 2018

  Aligning investor duties with long-term sustainability goals is a prerequisite for balanced, inclusive and green economic development. This conclusion of the report on Investor Duties and ESG integration in China, co-authored by the PRI, UNEP FI, The Generation Foundation and the International Institute of Green Finance of Beijing, also marks the beginning of a new […]

Chilean Chapter of the “Council of Women in Energy & Environmental Leadership (CWEEL)”

17 April 2018 | Santiago de Chile

The first meeting of the Chilean Chapter of the Council on Women in Energy & Environmental Leadership (CWEEL for its acronym in English) took place in Santiago de Chile recently where, through working groups, a “roadmap” was generated for the coming years in terms of gender equity in energy and environment. Carolina López from UNEP FI participated.

UNEP FI グローバルの16 署名銀行がTCFDに関する銀行業界向けのガイドを公表

27 April 2018

ジュネーブ(2018年4月24日)| 国連環境金融イニシアティブ(UNEP FI)の署名機関である16の大手銀行は、気候変動と気候に関する行動がビジネスにどのような影響を与えるかについて銀行の理解を深めるために、共同で開発した手法を発表しました。

この取り組みは、銀行がTCFDに沿って気候関連のリスクと機会へのエクスポージャーをより透明なものにするための基本的なものです。また、銀行が低炭素経済への移行に貢献し、かつ、その恩恵を享受するために自らの戦略に生かし、さらには、同じ目的のために顧客への働きかけを行い、支援することにもつながります。そもそも、銀行が直面する気候関連のリスクと機会とは、顧客に対するサービスから生じるものであるため、そうした顧客への働きかけや支援ということが非常に重要になります。

16 UNEP FI member banks launch first guidance to help banking industry adopt TCFD Recommendations

26 April 2018

  Geneva, 24 April, 2018 | Sixteen leading banks from four continents, convened by the UN Environment Finance Initiative (UNEP FI), today published a jointly developed methodology to increase banks’ understanding of how climate change and climate action could impact their business. This understanding is fundamental to enable banks to be more transparent about their exposure […]

Connecting Finance and Natural Capital: Launch of a tool for financial institutions to assess their impact and dependence on the natural world

23 April 2018

Launched today, in Hong Kong, ‘Connecting Finance and Natural Capital: A Supplement to the Natural Capital Protocol’ is a tool for financial institutions to assess how their business is impacted by, and depends upon the natural world. The Natural Capital Protocol has created a globally recognized and standardized framework for business. This supplement to the Protocol, aims […]

Blog: UNEP FI’s Anders Nordheim discusses the role of Natural Capital – the quiet enabler supporting our society and economy

23 April 2018

  According to the capitals framework, there are five types of capital that enable our society and economy. Human and social capital enable productive and organized societies. Manufactured capital enables production processes, and financial capital allows for trade and ownership. Enabling all these other capitals is natural capital – the stock or flow of energy […]

South Africa to host inaugural event to strengthen African insurance industry’s contribution to sustainable development

10 April 2018

Geneva/Cape Town/Johannesburg, 9 April 2018—The United Nations and Santam, South Africa’s largest general insurer, will co-host this month the first African conference of UN Environment’s Principles for Sustainable Insurance Initiative (PSI), which will focus on strengthening the industry’s ability to contribute to sustainable development across the continent. The conference, which will be held from 16 […]

Blog: Creating an impactful taxonomy

5 April 2018

Sustainable finance is experiencing continued rapid growth. The European Commission’s recent proposal of a taxonomy as a common language for all actors in the financial system – one of several conclusions of its High-Level Expert Group – is an opportunity to establish useful guidance. In his blog, UNEP FI’s Head, Eric Usher welcomes the EC’s […]

Europe Launches Action Plan on Sustainable Finance

5 April 2018

In a remarkable development at the end of March, French President, Emmanuel Macron, and European Commission President, Jean-Claude Juncker, launched the European Action Plan on Sustainable Finance. If fully enacted, it shows how quickly public and private actors can work together to change key aspects of our economic system. The Plan proposes a package of […]