Webinar: Launch of natural capital risk tool and framework for financial institutions
The Natural Capital Finance Alliance, funded by the Swiss State Secretariat for Economic Affairs (SECO) and the MAVA Foundation, has come up with tools and insights to help practitioners identify material natural capital risks and opportunities within their portfolios and integrate these considerations into financial decision making. The webinar will provide an overview of the recently launched ENCORE tool (Exploring Natural Capital Opportunities, Risks and Exposure). It also marks the official online launch of the NCFA’s latest report produced by PwC, which applies the ENCORE tool to develop a natural capital assessment framework for enhanced portfolio risk management in banks.
17 Institutions Become the First Endorsers of the Principles for Responsible Banking Joining the 28 Founding Banks
Standard Chartered PLC, KBC Group, KB Financial Group, DGB Financial Group, Natixis, GLS Bank, Landsbankinn, Zenith Bank and Keystone Bank…
Climate Success at COP24: after intense negotiations new rulebook breathes life into Paris Agreement but much more decarbonisation ambition needed
On Saturday, following two weeks marked by dramatic rhetoric and intense negotiations over legal language, close to 200 Governments bridged…
The Principles for Responsible Banking public consultation launch: have your say on the future of banking
Today at its Global Roundtable in Paris, UN Environment Finance Initiative (UNEP FI) and 28 banks from around the world are launching the Principles for Responsible Banking for global public consultation. Together the banks represent over USD 17 trillion in combined assets, and CEOs from 12 of the banks will attend the launch.
A Journey towards a sustainable financial system: Luxembourg Sustainable Finance Roadmap
The aim of this Roadmap is to set a vision and lay the groundwork to establish a comprehensive and far-reaching…
UNEP FI’s Expanding Network in Latin America & the Caribbean
Our network keeps expanding, as three banks and one supporting institution join UNEP FI (English) During the month of August,…
Webinar: Hear from participants in UNEP FI’s pilot implementing TCFD Recommendations with 16 banks
This Webinar will discuss the results of a collaboration between sixteen of the world’s leading banks with UN Environment Finance Initiative (UNEP FI), and climate risk and adaptation advisory firm Acclimatise. The banks set out to develop and test a widely applicable scenario-based approach for estimating the impact of climate change on their corporate lending portfolios as recommended by the Recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD). Hear directly from the banks, climate consultants and UNEP FI secretariat involved in this project.
Finance sector commits to working together to develop Sustainable Finance Roadmaps for Australia & New Zealand
Finance sector commits to working together to develop Sustainable Finance Roadmaps for Australia & New Zealand Finance sector organisations – including banking, insurance and investment industries, representing over 300 institutions with $10 trillion in assets – have today released a joint statement in support of a sustainable financial system for Australia and New Zealand.
TCFD Recommendations: guidance for banking industry to manage physical risks and opportunities now available
Sixteen leading banks convened by the UN Environment Finance Initiative (UNEP FI) and supported by climate risk advisory firm Acclimatise, have released new methodologies that aim to help the banking industry to understand and manage the physical risks and opportunities of climate change in their loan portfolios.
Navigating a New Climate: Assessing Credit Risk and Opportunity in a Changing Climate
Outputs of a working group of 16 banks piloting the TCFD Recommendations Part 2: Physical-related risks and opportunities This report…