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Adaptation Finance

The Intergovernmental Panel on Climate Change (IPCC)’s 6th Assessment Report outlines the stark challenges facing nature, society and the global…

UNEP FI working with 16 global insurers to better understand risk & implement TCFD recommendations

UN Environment’s Finance Initiative (UNEP FI) announced today a partnership with 16 of the world’s largest insurers—representing around 10% of world premium and USD 5 trillion in assets under management—to develop a new generation of risk assessment tools designed to enable the insurance industry to better understand the impacts of climate change on their business. This understanding is vital for an industry whose core business is to manage risk.