19 December 2023Banking, Climate Change, Impact, Insurance, Investment, Nature, News, Policy, Pollution & Circular Economy, Social
News
German insurance association GDV partners with Net-Zero Asset Owner Alliance
The UN-convened Net-Zero Asset Owner Alliance welcomes Germany’s insurance industry association GDV as a supporting partner – the first insurance…
Dai-ichi Life Insurance is first Asian member of Net-Zero Asset Owner Alliance
Japan’s Dai-ichi Life Insurance Company joins the United Nations-convened Net-Zero Asset Owner Alliance, to become the first member based Asia.…
How to Finance a Sustainable Ocean Recovery – Seminal New Guidance Published
New practical guidance enables banks, investors and insurers to understand their impact on ocean health and immediately take action to accelerate the transition to a sustainable blue economy. Leveraging best practice based on input from more than 50 pioneering institutions and experts, this guidance sets out pathways to sustainable growth across five key ocean sectors, chosen for their established connection to private finance. It presents a detailed breakdown of which activities to seek out as best practice, which activities to challenge, and which activities to avoid financing completely due to their damaging nature.
Critical tools and recommendations for managing the climate transition for the banking industry
Geneva, 17 February 2021 – Transition risk poses a significant near-term threat to the economy. This is one of the…
Net-Zero Asset Owner Alliance calls on asset managers to support blended finance
The UN-convened Net-Zero Asset Owner Alliance has issued a call to asset managers to collaborate in driving the development of…
UN Secretary General calls Asset Owner Alliance the ‘gold standard for net-zero commitments
UN Secretary-General António Guterres has called on investors who move much of the world’s money to set increasingly ambitious targets…
UNEP FI Launches New Report Mapping the State of Ocean Finance
This foundational report maps ocean finance, revealing trends in lending, underwriting and investment activities which impact the ocean .It includes survey results across 100+ financial professionals revealing current trends, frameworks and financial instruments that are successfully addressing ocean sustainability and highlights new opportunities and gaps in the market. The report covers 5 key ocean sectors: seafood, ports, shipping, coastal and marine tourism and marine renewable energy, notably offshore wind, chosen for their established connection with private finance.
UN SG António Guterres: Net-Zero Asset Owner Alliance is “gold standard” for net-zero commitments
UN Secretary-General António Guterres has called on investors who move much of the world’s money to set increasingly ambitious…
26 banks test the application of the EU Taxonomy to core banking products
UNEP FI and the European Banking Federation (EBF) have launched a unique report assessing the extent to which the EU…
Ten UNEP FI members call on governments to step up on adaptation finance, make climate risk reporting commitments
Ten UNEP FI members are calling for greater action to boost adaptation finance and have made commitments on climate risk reporting. At the Climate Adaptation Summit 2021, the leading financial institutions delivered a statement calling for greater action on assessment, reporting and management of the physical risks of climate change, and asking policy makers to deliver mandatory disclosure requirements on climate risk.
