UN Website | UNEP Website | UN Website Locator Site Map Contact Us  

Sign up for our
Email Newsletter

  
  Sign up to receive news and updates from UNEP FI.  
  » Learn more...  
     

News & Media

 

UNEP FI In the News

 

2013 Global Rountable

24 April, 2014

Financial Times

China Central Television (Starts at 46:00)

Economic Observer

All Africa

China Banking Association

HispanicBusiness.com

China Times

Business Day

BJX Huanbao

NewsDiary

MircoFinance.org

The International Cooperation Center of the National Development and Reform Commission

Policy Research Center for Environment and Economy, Ministry of Environmental Protection, P.R. China

International Institute for Sustainable Development

Weibo

Twitter

 

Nigeria Sustainable Finance Week closes with banking sector committing to sustainable banking practice

15 September, 2011

CBN, banks set up committee on sustainable lending

Central Bank of Nigeria, CBN and some banks in the country have constituted a committee for the design of sustainable lending principles for the banking industry, aimed at environmental protection, social well-being and economic prosperity.

Nigerian banks affirm commitment to sustainable practice

Chief Executives Officers (CEOs) of Nigeria’s 24 deposit banks have restated their commitment to responsible business practice and sustainability considerations in the sector’s operations.

Bad debts: Banks adopt new lending code

Following the soaring stock of bad loans in the Nigerian banking industry and the need to further mitigate risks associated with lending to the business community, chief executives of leading financial institutions in the country may have agreed to adopt a new lending code that may involve more stringent conditionality.

Boosting Nigeria's Sustainable Business Development

Video

 

Financial leaders call for investor-friendly forest-carbon market at UNEP FI report launch

9 May, 2011

Forests May Spur Financial Rewards, Curb Climate Change, UN Says

The world’s forests may spur financial rewards and risk management opportunities as a way to curb climate change, according to the United Nations.

Forest could become win-win business out of climate change negotiations: report

Better regulation on forest-carbon market out of climate change negotiations could provide a win-win business for the finance sector and governments, according to a report that has a UN background and was released in London on Friday.

UN agency, banks call for new forestry CO2 market

Deeper emission cuts and new forestry carbon markets are needed if the private sector is to make a big contribution to the $17-33 billion a year required to prevent deforestation in developing nations, a UN agency said Friday.

 

Africa kick starts global journey to development of Principles for Sustainable Insurance

28 April, 2011

Establishing new principles for green insurance

South Africa and Brazil are leading the developing world in a rethink of the way in which insurers manage risk.

Together, the two countries, which have 40 of the 433 signatories to the UN Environmental Programme Finance Initiative, started global consultation meetings on the subject, including in Johannesburg in early 2011.

Rise in disasters triggers review of risks

The catastrophe in Japan triggered by an earlier succession of an earthquake, a tsunami and a nuclear scare underlined the need to deal with the rise in risks from natural disasters, short-term insurer Santam’s head of strategy, Vannessa Otto-Mentz, said.

 

The world's capital markets demand determined policy action on climate change

18 November, 2010

Large investors urge progress at climate talks

Stronger domestic and international policy is needed to help unlock investment in low-carbon technology in the absence of a global climate deal, investors with over $15 trillion of assets said on Tuesday.

Large investors urge progress at climate talks

Stronger domestic and international policy is needed to help unlock investment in low-carbon technology in the absence of a global climate deal, investors with over $15 trillion of assets said on Tuesday.

Deutsche Bank, Calpers Urge Climate Action to Avert 20% World Output Cut

Deutsche Bank AG and the California Public Employees’ Retirement System is one of the 259 investors urging policy makers to combat global warming or face mounting economic disruptions in the next 40 years.

Investors call for global climate change deal at Cancun

A group of the world’s biggest investors has called on governments around the world to take serious action at this month's UN climate summit in Cancun, Mexico. The statement was backed by Ceres, a sustainable investment group, and the financial arm of the United Nations Environment Programme, the UN Environment Programme Finance Initiative (UNEP FI). The statement was signed by some 259 investors, who manage assets worth in the region of £9.44tr in total. Allianz and HSBC were amongst the signatories, joined by representatives from developing countries as well as European and North American pension funds.

Reporting from Washington

A group of international investors responsible for more than $15 trillion in assets called Tuesday for the world's nations, particularly the United States, to move decisively to combat climate change or face economic disruptions worse than the global recession of the last two years.

Financial Times (subscription only)

Australian Broadcasting Corporation radio interview

 

Launch of CEO Briefing: 'Demystifying Materiality: Hardwiring biodiversity and ecosystem services into finance'

29 October, 2010

Biodiversity loss seen as greater financial risk than terrorism, says UN

The financial risks posed by the loss of species and ecosystems have risen sharply and are becoming a greater concern for businesses than international terrorism, according to a United Nations report released today.

From over-depletion of fish stocks and soil degradation caused by agricultural chemicals to water shortages and mining pollution, the paper – commissioned by the UN Environment Programme and partners – said the likelihood has climbed sharply that declines in biodiversity would have a "severe" $10bn (£6bn) to $50bn impact on business. Read more.

Reuters Finance sector key to halt destruction of nature-UN

NAGOYA, Japan, Oct 27 (Reuters) - Businesses are starting to factor in the growing risk to investments from the destruction of forests, reefs and wetlands, but more needs to be done to fight damage to nature estimated at trillions of dollars a year, a U.N. report says.

The global economy is underpinned by "natural capital" such as water from rivers and forests, clean air, protection from rising seas by mangroves, pollination of crops by insects and fisheries that rely on coral reefs as spawning grounds.

Many of these benefits are taken for granted, but need to be measured and accounted for if the world is to halt the rapid destruction of nature, according to the report for CEOs by the United Nations Environment Programme's Finance Initiative. Read more.

UN Conference Confronts Dramatic Loss Of Biodiversity

Ahead of the meeting, Richard Burrett, co-chair of the UN Environment Program's Finance Initiative and a partner at the investment advisory firm Earth Capital Partners, told Reuters that accounting systems need to fully integrate environmental degradation caused by economic development. He said that failure to do so meant companies were not measuring their balance sheet and profit and loss accurately. Read more.

 

UNEP FI Co-Chair Richard Burrett on finance, biodiversity and natural capital

14 October, 2010

'Nature is not just about fluffy animals or brightly coloured frogs -- it's central to the health of businesses that need to incorporate environmental impacts into their risk management,' Richard Burrett told Reuters reporter David Fogarty. Days before the start of the UN biodiversity convention negotiations in Nagoya, Co-Chair Burrett explains the links between finance, biodiversity and natural capital. Read the article.

Nature central to economy

Nature is not just about fluffy animals or brightly coloured frogs — it’s central to the health of businesses that need to incorporate environmental impacts into their risk management, a senior United Nations official said. Such an approach should be obvious, said Richard Burrett, co-chair of the United Nations Environment Programme’s Finance Initiative, yet nature remains essentially invisible to many people and companies, particularly in urban centres. Read more.


 

Chinese finance on the march

11 October, 2010

UNEP FI Head Paul Clements-Hunt speaks with Environmental Finance on green finance in China. Fresh from two trips to China to meet banks, insurers, regulators and policy-makers, he talks about his impressions as the country’s finance sector marches towards sustainability. Read the article.

 

Putting a Price on Global Environmental Damage

8 October, 2010

Man-made environmental damage cost £4 trillion in 2008, says UN

6 Oct 2010 - Man-made environmental damage in 2008 cost the planet an equivalent of $6.6 trillion (£4 trillion), according to an analysis by the United Nations. Read more.

World's top firms cause $2.2tn of environmental damage, report estimates

Report for the UN into the activities of the world's 3,000 biggest companies estimates one-third of profits would be lost if firms were forced to pay for use, loss and damage of environment. Read more.

Nature's sting: The real cost of damaging Planet Earth

You don't have to be an environmentalist to care about protecting the Earth's wildlife. Just ask a Chinese fruit farmer who now has to pay people to pollinate apple trees because there are no longer enough bees to do the job for free. And it's not just the number of bees that is dwindling rapidly - as a direct result of human activity, species are becoming extinct at a rate 1,000 times greater than the natural average. Read more.

Saving nature, economies at stake in Japan U.N. talks

A U.N.-backed study this month said global environmental damage caused by human activity in 2008 totaled $6.6 trillion, equivalent to 11 percent of global gross domestic product. Read the Article

 

The finance sector to step up efforts to combat climate change and increase investment in renewable energy, urges Nobel Laureate

15 September, 2010

Bloomberg
The finance sector to step up efforts to combat climate change and increase investment in renewable energy, urges Nobel Laureate

Mexico City, 13 September, 2010 – Less than three months before world leaders will meet in Mexico in attempt to negotiate a new global deal on climate change, leading finance executives came together in Mexico City, under the umbrella of the United Nations Environment Programme Finance Initiative (UNEP FI). The Bankers Club of the Mexican Banking Association (ABM) hosted 55 senior finance executives who exchanged views on the finance sector’s role with regard to climate change solutions. The event was co-organized by the UNEP Finance Initiative, the Mexican Banking Association and the Mexican National Institute of Ecology, and was moderated by Jessica Jacob, UNEP Finance Initiative Latin America Task Force Coordinator. Read more.

 

UNEP FI launches Issue 2 of the Chief Liquidity Series at World Water Week in Stockholm

8 September, 2010

Reuters PR Newswire

STOCKHOLM, Sept. 7 - The United Nations Environment Programme Finance Initiative (UNEP FI) launched Issue 2 of The Chief Liquidity Series focused on the Power Sector at an event entitled 'Seeking Liquidity: Integrating Corporate Water Performance into the Core of Financial Services and Capital Markets', during World Water Week. Read more.

USA Today
Impact of Water Scarcity on Power Generation

STOCKHOLM, Sept. 7 - The United Nations Environment Programme Finance Initiative (UNEP FI) launched Issue 2 of The Chief Liquidity Series at World Water Week. Read more.

Environmental Finance
Liquidity squeeze

6 September 2010 - The finance sector’s lending to and investment in the power sector is vulnerable to growing water scarcity – requiring a better handle on water risk management. Ivo Mulder and Margot Hill explain ... Read more.

Bloomberg

STOCKHOLM, Sept. 7 - The United Nations Environment Programme Finance Initiative (UNEP FI) launched Issue 2 of The Chief Liquidity Series at World Water Week. Read more.

 

UNEP FI and partners launch global insurance industry statement on adapting to climate change in developing countries

8 September, 2010

Reuters
Climate change help urged for developing nations

Sarah Mortimer
LONDON, 6 September, 2010 - Four associations on climate change initiatives, which represent over 100 insurers, have urged world leaders and governments to use insurance-linked products to protect developing countries against the impact of climate change. As the world wrangles over how to fight climate change, insurance think tank the Geneva Association, along with insurance industry lobby groups ClimateWise, the Munich Climate Insurance Initiative (MCII) and the United Nations Environment Programme Finance Initiative (UNEP FI), called for global governments to use better risk management and insurance-type approaches to reduce the vulnerability of developing countries from natural disasters. Read more.

CNBC
Climate change help urged for developing nations

Sarah Mortimer
LONDON, 6 September, 2010 - Four associations on climate change initiatives, which represent over 100 insurers, have urged world leaders and governments to use insurance-linked products to protect developing countries against the impact of climate change. As the world wrangles over how to fight climate change, insurance think tank the Geneva Association, along with insurance industry lobby groups ClimateWise, the Munich Climate Insurance Initiative (MCII) and the United Nations Environment Programme Finance Initiative (UNEP FI)...Read more.

USA Today
Insurance industry urges climate change help for developing world

7 September 2010 - More than 100 of the worlds top insurance companies have issued a United Nations-backed call for governments to use risk management techniques and insurance know-how to help developing nations adapt to climate change. Read more.

Environmental Finance
Insurers call for government assistance with adaptation efforts

9 September 2010 - Government action is required if the insurance industry is to realise its potential to help developing countries adapt to climate change, according to a statement backed by more than 100 leading insurance companies. Read more.