19 December 2023Banking, Climate Change, Impact, Insurance, Investment, Nature, News, Policy, Pollution & Circular Economy, Social
News
Gender and nature risk management: A four pillar approach for financial institutions
With over half of the world’s total GDP (circa $58 trillion of economic value) being moderately or highly dependent on nature, the degradation of our natural capital represents an escalating threat to our ecosystems, and to the financial stability of nations and organizations. Since the launch of the Taskforce on Nature-related Financial Disclosures (TNFD), financial institutions have been increasingly recognizing the benefits of assessing and mitigating nature-related capital risks. Yet, the gender component in nature-risk management is often overlooked. In this article, you will discover a four-pillar structure mirroring the TNFD to incorporate gender-responsive strategies in nature-risk management.
Net-Zero Banking Alliance reaches 140 members from 45 countries as it welcomes its first bank from China
Geneva, January 3rd – Today, the Bank of East Asia becomes the latest bank to join the Net-Zero Banking Alliance (NZBA)…
How can policymakers support finance industry action on net-zero: Transparent disclosure of scenarios, metrics, targets and annual progress
The credibility of a net-zero commitment relies upon the transparent disclosure of science based 1.5° scenarios and respective metrics and…
How can policymakers support finance industry action on net-zero: Identifying unique purpose implementation
Making a net-zero commitment allows financial institutions to seize opportunities that arise from the global transition to net-zero economies. These…
2023 in review: A growing membership continues ambitious action on sustainable finance
2023 provided more evidence of the devastating impacts of climate change, conflict and inequality on communities and economies around the…
Blog: COP28’s UAE Consensus – Big on vision and paradigm, small on concrete measures
In the aftermath of the adoption of the UAE Consensus, Government Parties and commentators are deeply divided in their assessment…
How can policymakers support finance industry action on net-zero: Providing transparency on sustainable products classification
Financial institutions committing to net zero should appropriately label sustainability-linked products and services as well as disclose their environmental and…
Principles for Sustainable Insurance Initiative Updates from COP28
Throughout COP28, Butch Bacani, PSI Programme Leader, and Brandon Mathews, Global Coordinator for the PSI-managed V20 Sustainable Insurance Facility participated in events…
COP28: High stakes moment for decisive climate action and global cooperation
By Günther Thallinger, Chair, UN-convened Net-Zero Asset Owner Alliance Read media reports from COP28 currently underway in the United Arab…
UNEP FI at COP28: Watch recordings
At COP28, UNEP FI will bring to the attention of policymakers the progress being made by members as they develop the tools and guidance to decarbonize their businesses and implement the commitments they have made through various events.
