19 December 2023Banking, Climate Change, Impact, Insurance, Investment, Nature, News, Policy, Pollution & Circular Economy, Social
News
American Hellenic Hull Insurance Company Signs the Sustainable Blue Economy Finance Principles
American Hellenic Hull Insurance Company announced today that it has signed the Sustainable Blue Economy Finance Principles joining a growing…
U.N.-convened Net-Zero Asset Owner Alliance publishes Thermal Coal Position
Members of the 30-strong UN-convened Net-Zero Asset Owner Alliance have published their position on thermal coal, calling for the cancellation…
How the Dutch Central Bank is Leading on Nature-related Risks
The Dutch Central Bank and financial supervisor, De Nederlandsche Bank (DNB), is the first central bank to highlight biodiversity as…
Implementing Holistic Impact Analysis: Learnings from early adopters, tool updates and new user guide
UNEP FI has released a detailed user Guide for the Portfolio Impact Analysis Tool for Banks, as well as the first updates to its in-built country needs assessment framework, one of several unique in-built resources of the Tools.
The global financial system is intimately linked to the ocean, says Peter Thomson of the United Nations
We cannot have a healthy planet without a healthy ocean, and in any global discussion on biodiversity the ocean must…
Marine ecologist Enric Sala addresses the financial community
The blue economy is an attractive opportunity for banks and insurance companies, yet some players are rushing to invest without first adopting sustainability principles that can avoid repeating the wrongs of the past, says world-renowned ecologist Enric Sala.
Calling civil society groups to join Principles for Responsible Banking advisory body
Principles for Responsible Banking is first finance sector initiative to put into practice signatories’ commitments to robust accountability and broad…
Global Roundtable Day 2: From sustainable finance market practice to regulatory horizons
UNEP FI kicked off Day 2 of its Global Roundtable with another day full of high-level keynotes, plenaries, regional focused…
Reuters: The finance sector must go beyond business as usual to solve the biodiversity loss crisis
Eric Usher of the UN Environment Programme Finance Initiative and Corli Pretorius of the UN Environment Programme World Conservation Monitoring Centre say banks should urgently set targets for financing the protection of nature in the critical next decade in the same way that many have set climate targets
UNEP FI in the Guardian: Top asset owners commit to big carbon emissions cuts
Thirty of the world’s largest asset owners, with portfolios worth a combined $5tn (£3.8tn), have committed to cutting the carbon emissions linked to companies they invest in by up to 29% within the next four years. Members of the UN-backed Net-Zero Asset Owner Alliance – which includes Aviva, the Church of England and the $400bn US fund CalPERS – will each set decarbonisation targets for 2025 as part of wider efforts to align their portfolios with the Paris climate goals and achieve net-zero emissions by 2050.