Partnership between United Nations Environment and the global financial sector to promote sustainable finance
On the occasion of Japan’s presidency of the G20, UNEP FI co-convened the ‘Tokyo Dialogue on Sustainable Finance’ with Japan Climate Initiative (JCI) on 3rd of June at the International House of Japan in Tokyo. It was an invitation-only, full day conference aiming to provide a platform for a detailed discussion between the distinguished speakers […]
24 May 2019
In order for G20 economies to achieve sustainable, low-carbon growth and development, increasing investments into energy efficiency, innovation and broader clean energy technologies is key. The G20 Global Summit on Financing Energy Efficiency, Innovation and Clean Technology will take stock of global finance and investments into energy efficiency, innovation and low-carbon technologies, with the energy […]
22 May 2019
22 May 2019
22 May 2019, Geneva – The number of banks worldwide endorsing the highly anticipated Principles for Responsible Banking has now jumped to 56, including a spearheading group of 28 ‘Founding Banks’ and a growing list of currently 27 more ‘Endorsing Banks’ representing all five continents. The Principles for Responsible Banking are set to launch on […]
16 May 2019
TD Bank Group hosted a meeting of UNEP Finance Initiative’s Canadian members in Toronto on 10th of May. The meeting was chaired by Nicole Vadori, Associate Vice President and Head of Environment, TD and attended by Eric Usher Head of UNEP FI. More than 30 representatives from members in Canada attended. Maz Moini, Chief Operating […]
12 May 2019
10 May 2019
Twenty institutional investors from eleven countries convened by the UN Environment Finance Initiative (UNEP FI) today launched comprehensive investor guidance to help assess how climate change and climate action could impact investor portfolios around the world. These assessments enable investors to be more transparent about their climate-related risks and opportunities in line with the recommendations […]
7 May 2019
Few weeks pass without scientists reporting new knowledge of how badly humans are treating our planet, and the consequences for our common future. With the launch of the IPBES report summary for policymakers and a whole host of new and old facts and statistics, one may ask what is different this time? The Intergovernmental Science-Policy […]
29 April 2019
Just days after the French and UK central banks issued an urgent warning that climate change constitutes an existential threat to the financial system, the Natural Capital Finance Alliance (NCFA) has launched analysis based on its ground-breaking ENCORE tool. The report analyses the FTSE All-Share Index to see how dependent UK-listed companies are on natural […]
25 April 2019
Leading financial institutions and G20 policy-makers will meet to respond to the urgency of scaling up energy efficiency investment to address the world´s clean energy policy objectives at an official side-event to the Japanese presidency of the G20. The International Partnership on Energy Efficiency Cooperation (IPEEC) and United Nations Environment Programme Finance Initiative (UNEP […]
18 April 2019
CEOs invited to signing event being held at UN Headquarters parallel to high-level UN General Assembly Leading banks around the globe that are members of UNEP FI have set 22 September as the official launch date of the industry-developed UNEP FI Principles for Responsible Banking. The Principles provide the framework for a sustainable banking system […]
15 April 2019
The agricultural sector is one of the sectors most exposed to environmental risk caused by climate change and human degradation of ecosystems. A new template that enables financial institutions to conduct natural capital credit risk assessment across different agricultural sectors and geographies, taking into account factors such as water availability, use and quality; soil health; […]
11 April 2019
UNEP FI’s first Regional Roundtable on Sustainable Finance for 2019 took place in Cairo this week with more than 220 delegates and speakers. We opened with a first, holding an event that brought together insurers from all over MENA – the Principles for Sustainable Insurance Market Event for Egypt. Hosted by the Financial Regulatory Authority […]
2 April 2019
Geneva – UNEP FI’s Positive Impact Initiative (PI) is announcing the launch of two new Working Groups, where UNEP FI members, members of sister organizations and external stakeholders are working together to develop and test tools for holistic impact analysis: Impact Frameworks for corporate finance and investments with unspecified use of funds: corporate financing is an essential but […]
State Bank of Vietnam (SBV) and GIZ hosted a UNEP FI’s Principles for Responsible Banking Consultation Workshop in Hanoi, Vietnam. The workshop was chaired by Assoc. Prof. Nguyen Kim Anh, Deputy Governor of the SBV. Over 60 participants including representatives from 17 financial institutions attended. During the workshop, SBV also presented the results from the […]
7 March 2019
The EU has taken an important step forward on advancing sustainable finance. On Thursday 7 March 2019, the EU Parliament and Council achieved political agreement on requiring ESG integration by financial market participants. Clarifying the fiduciary duties of investors has been a priority for UNEP FI for many years. These rules are an essential part […]
27 February 2019
Today, UN Environment, Oceana and leading insurers issued a checklist of warning signs for pirate fishing activity, as part of a global insurance industry effort to curb illegal fishing. The risk assessment guidelines, launched at an international conference organised by UN Environment’s Principles for Sustainable Insurance Initiative (PSI) and the global insurer Allianz, were developed […]
27 February 2019
The first ever guidance designed for the global insurance industry to integrate sustainability into industrial and commercial business has launched for public consultation today. The result of a multi-year initiative co-led by UNEP FI’s Principles for Sustainable Insurance and leading insurer, Allianz, the guide is designed to manage environmental, social and governance risks in insurance […]
21 February 2019
A legal framework for the consideration of sustainability impact in investor decision-making Within the next decade, assessing and accounting for the sustainability impact of investment decision-making needs to be a core part of investment activity. In other words, consideration of how the investment decision affects sustainability issues, not just how sustainability issues affect the investment […]
19 February 2019
When Madeleine Ronquest attended the Johannesburg launch of an innovative guide designed to help banks assess their exposure to environmental degradation, a quick look around the room proved it was no longer business as usual in the financial sector. “When I started out there weren’t any environmental or sustainability people in the banks, and (at the launch) […]