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 […]
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 […]
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 […]
In line with one of the proposed Ghana Banking principles of promoting customers to integrate Environmental Social Governance (ESG) in their business, UNEP FI through colleagues at the Partnership for Action on Green Economy (PAGE) is undertaking a study to assess the level of integration of sustainability in the business sector’s operations, value chains and […]
UNEP FI Head, Eric Usher writes about how the Positive Impact Finance Initiative is working with financial institutions to close the Sustainable Development Goals’ funding gap by generating much-needed private sector finance in the UN Association UK (UNA-UK) publication “SDGs: Delivering Change”. Read the article.
Beijing, 28 March 2018 The United Nations Environment Finance Initiative (UNEP FI), the Principles for Responsible Investment (PRI), The Generation Foundation, and the International Institute of Green Finance (IIGF) today published the report – Investor Duties and ESG Integration in China, available in English and Chinese 中文. Building on the recent achievements of the […]
UN Environment Finance Initiative (UNEP FI), together with nine investors representing close to US$ 3 trillion have formed a leadership group to promote action on climate transparency by the investor community. They will work with UNEP FI towards a first set of climate-related investor disclosures in alignment with the […]
Ahead of the Sustainable Investment Forum Europe, Climate Action talked to Eric Usher, Head of UNEP Finance Initiative about the future of financial markets in the light of sustainability. Eric will deliver the opening remarks of the Sustainable Investment Forum Europe, taking place in Paris 13th of March. Read the interview here. Find out more […]
The Investor Agenda will bring together and promote the key actions that investors around the world are taking to meet the goals of the Paris Agreement and manage the risks of climate change. UNEP FI and six of its strategic global Partners – Asia Investor Group on Climate Change, CDP, Ceres, Investor Group on Climate Change, Institutional Investors […]
We are pleased to announce the joining of two new banks to the Initiative.
Banco Hipotecario and Banco de Fomento Agropecuaria held events during January of this year to mark their commitment to sustainable finance.
Can we insure our way to healthier oceans and ocean communities? Imagine a world where: Municipalities proactively restore wetlands and offshore reefs wherever possible to protect their citizens and infrastructure and lower their insurance premiums. Small-scale fishers receive insurance payouts immediately after devastating hurricanes so fisheries-dependent communities can start to recover. The risks of running […]
The European Union High Level Expert Group on Sustainable Finance (HLEG) launched its final report in Brussels on 31 January. Under the leadership of UNEP FI Co-Chair Christian Thimann, Group Head of Regulation, Sustainability and Insurance Foresight at AXA Group, it aims to put achieving a sustainable financial system at the heart of financial reform […]
These are exciting times for Positive Impact Finance. $5-7 trillion a year until 2030 are needed to realise the Sustainable Development Goals (SDGs) worldwide. The greater part of the necessary financing and investment will need to stem from private finance. With the Positive Impact Initiative, we’re laying the groundwork for the emergence of an impact-based approach to […]
Together with AFD and IADB, UNEP FI took stock of standards, industry practice and barriers to address on sustainable finance and community engagement, with a focus on indigenous peoples’ rights and the implementation of the free, prior and informed consent principle. BNP Paribas (France), Citi (US), International Development Corporation (South Africa) and Financiera Nacional de […]
UNEP FI members and stakeholders discussed the current trends and expectations relating to financial institutions’ responsibility to respect human rights and their ability to address burning social issues at a series of regional dialogues on finance and human rights. These were organized as part of 2017 UNEP FI Roundtables for Sustainable Finance in Buenos Aires, […]
Defying sceptics, the UNEP Finance Initiative has created positive impact on a global scale. UN Global Compact founding director and Arabesque chairman Georg Kell looks at what the UNEP FI has achieved in a quarter of a century.
19th December, 2017 UNEP FI has been engaging with the new Argentinian G20 presidency via the G20 Energy Efficiency Finance Task Group, of which UNEP FI is part of the secretariat. In his latest blog, UNEP FI’s Martin Schoenberg reports on the importance Argentina is placing on the role of energy efficiency continuing the […]
Elections have been held recently for positions in the Global Steering Committee (GSC) as well as across the three industries: Banking, Principles for Sustainable Insurance (PSI), and Investment Committees. We are excited to announce the results of the elections: Global Steering Committee Europe, Banking – Antoni Ballabriga, BBVA Africa & Middle East, Banking – Musa […]
Nomura Real Estate Asset Management Co., Ltd. (NOREAM) has recently joined UNEP FI, becoming the 11th member of the Japan Group. President & CEO Ambe Norio said, “While seeking the sustainable improvement of mid- and long-term performance, acting with fiduciary responsibility, and increasing ESG investment, our company manages a number of funds including the Nomura […]
As 2017 is coming to a close, we are providing an overview of the many interesting articles and publications which have been published by the press on the Launch of the Positive Impact Principles and its further developments.