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At UNEP Finance Initiative, we believe that the financial sector has a central role to play in managing climate risk…

UNEP FI and the European Banking Federation have launched a report, “Practical approaches to applying the EU Taxonomy to bank…

In January 2021, UNEP FI and the Global Commission on Adaptation (GCA) came together with ten financial institutions from across banking and investment to commit to disclosing their risks from the physical impacts of climate change. UNEP FI’s Paul Smith reviews the progress made by the group, explains the importance of this commitment, and the issues facing financial institutions trying to accurately disclose their physical risk.

As governments gathered today at the One Ocean Summit in Brest, France, further ambitious steps were taken towards sustainable use of marine resources, with the Agence Française de Développement (AFD) announcing it has signed the UN’s Sustainable Blue Economy Finance Principles.

The group's chief risk officer and chair of the Net Zero Insurance Alliance explains why AXA has adopted a 'three strikes and you're out' policy with companies.

This event aims at showcasing the practical actions taken by financial institutions towards implementing the Sustainable Blue Economy Finance Principles and associated Turning the Tide Guidance. Four leading institutions engaging with sustainable blue finance will introduce a case study ahead of a live Q&A session.

The UN-Convened Net-Zero Asset Owner Alliance releases the second edition of its Target Setting Protocol, which guides its 69 asset…

In January 2022, the Net-Zero Banking Alliance achieved a critical milestone as it welcomed the 100th signatory to its net-zero commitment. The NZBA now consists of over 100 members, representing 40 countries.

With reporting on climate goals well under way, lenders are starting to develop targets for the social pillar of their ESG strategies. Financial inclusion and, increasingly, financial health are focus areas. So far, 28 banks have signed up to a new UN Environment Programme Finance Initiative to promote universal financial inclusion and health. Data collection is a key challenge in this area, and something banks such as ING are working on. With fintech firms and challenger banks making inroads in the sector, established lenders must innovate to stay relevant.

This webinar, co-hosted by UNEP FI and PRI, brought together leading actors from the U.N.-Convened Net-Zero Asset Owner Alliance to…