Developing Metrics for Transition Finance
This paper discusses how banks may consider reporting their transition finance efforts. We see a need for additional specific metrics, as existing metrics may fail to provide a full picture of banks’ approaches to decarbonising their portfolios.
First roadmap for financiers implementing the Just Transition launched at COP28
Dubai, 3 December 2023 – Today at COP28, UNEP FI and the International Labor Organisation (ILO) release Just Transition Finance:…
Just Transition Finance: Pathways for Banking and Insurance
This report outlines the social and economic impacts of the low-carbon transition and supports banks and insurance companies in taking part in the achievement of a just transition.
Scaling Private Capital Mobilization: Call to action to heads of state, policymakers and multilateral development bank officials
With the goal of fighting climate change and delivering on the Sustainable Development Goals, ten organisations—representing some of the largest…
The Principles for Responsible Banking releases climate adaptation target setting guidance ahead of COP28
In response to the escalating impacts of climate change and the widening gap in adaptation finance, today the Principles for Responsible Banking (PRB) has unveiled a new publication aimed at guiding banks to set climate adaptation targets.
Climate Adaptation Target Setting
The new Principles for Responsible Banking (PRB) Climate Adaptation Target Setting guidance aims to help banks accelerate their efforts on managing climate-related impacts and financing climate adaptation, by setting adaptation targets using the PRB impact framework.
How can policymakers support finance industry action on net-zero: Requiring neutralisation of residual emissions
While the primary and immediate focus must be on swift and deep emission reductions across sectors, the deployment of carbon…
The Principles for Responsible Banking introduce industry-first guidance on nature target setting
Today marks the release of the new Principles for Responsible Banking (PRB) Nature Target Setting Guidance, aimed at helping the…
PRB Nature Target Setting Guidance
This guidance aims at helping the banking industry align with the Kunming-Montreal Global Biodiversity Framework (GBF) and address the critical issues of nature and biodiversity loss.
Building the Sustainable Investment Bank of the Future
Between 2011 and 2021, sustainable fund investments grew more than 14-fold, from $186 billion to $2.7 trillion. Similar growth rates…