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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.

Webinar: Learn more about the first guidance to help the banking industry adopt the TCFD Recommendations

Sixteen banks working in collaboration with UNEP FI, risk and investment management experts, and leading scientists have recently published a jointly developed methodology that will enable banks to be more transparent about their exposure to climate-related risks and opportunities, in line with the Task Force on Climate-related Financial Disclosures (TCFD). Join this webinar to hear more about the methodology for scenario-based assessment of risks and opportunities from the transition to a low-carbon economy.