This report is designed to support the financial sector to improve assessment and interactions with clients in line with net zero plans. It has been created as part of the UNEP FI TCFD programme and builds on the University of Cambridge Institute for Sustainability Leadership’s Banking Environment Initiative Let’s Discuss Climate: the essential guide to bank-client engagement.
This report produced by the UNEP FI TCFD programme and ClimateWise explores the combined financial impact of physical and transition risks. It includes theoretical principles and practical steps for implementation of an integrated assessment of physical and transition risks with examples of sectoral analysis.
This paper sets out a high-level framework for what a credible, transparent and comparable 1.5°C science-based commitment looks like and what it will mean for the real economy transition. By defining net-zero, this guidance helps financial institutions achieve consistency in target setting and implementation of their net-zero goals.
The Guidance on Resource Efficiency and Circular Economy Target Setting is a comprehensive, step-by-step guide for banks interested in increasing the sustainable use of resources such as energy, waste, water and raw materials and building a circular economy, where waste and pollution are eliminated, products and materials are kept in use at their highest value…
UNEP FI’s Comprehensive Good Practice Guide to Climate Stress Testing is a detailed user guide for financial institutions looking to understand climate stress testing and develop plans for effectively executing them. It has been created to assist the financial sector in its climate stress testing journey and should be adapted to meet the needs of…
Download the key takeaways from the inaugural meeting of the UNEP FI Leadership Council which convened 20 CEOs of banks and insurers across six continents in November 2021 to debate how to further mainstream sustainable finance and accelerate the pace and scale of action worldwide. The wide-ranging discussion focused on disclosure of risks and impacts, and…
This report was developed as a resource to inform and support Sri Lanka’s banking sector on possible approaches to green finance product development, including how modest adjustments to lending practices can result in more credit flows to green buildings.
The UN-convened Net Zero Asset Owner Alliance released the Scaling Blended Finance discussion paper investigating obstacles to investing in climate solutions in emerging markets and arguing that blended finance vehicles can provide the necessary structures to help close the existing funding gaps in climate investment globally. Moreover, the paper lays out the potential solutions for…
This report highlights the state of climate risk regulation in Africa’s financial sector and presents an analysis of the financial stability architecture and climate risk initiatives in 12 selected deep-dive countries. It also highlights challenges hindering the integration of climate risk by financial sector authorities in Africa and offers potential areas of support for the key stakeholders in the finance ecosystem.
This report offers a timely assessment of the access to, and the use of, green finance by SMEs in Mauritius. The study by extension evaluates the integration of sustainability in the business operations of SMEs in Mauritius, and explores applicable good practices and lessons from other countries and regions.
Responsible Banking: Building Foundation is the first collective progress report of the Principles for Responsible Banking signatories. It synthesizes individual reporting from over 200 signatories, providing a status update on their progress in implementing the PRB framework, and thereby taking steps to align their business strategies with the UN Sustainable Development Goals and Paris Climate Agreement.
This Net-Zero Asset Owner Alliance position paper presents the basis for scaling carbon dioxide removal (CDR) solutions, including a mix of land-based carbon sinks, nature-based solutions and technological carbon removal approaches, which are essential for alignment to a 1.5°C pathway.
This report provides real estate practitioners and investors support in understanding the physical risks arising from climate change with a specific focus on how these risks affect commercial real estate asset values and prices. It also offers recommendations for next steps by market actors, policy makers and researchers connected with commercial real estate to guide future cross-sector engagement and research.
The report, authored by Freshfields Bruckhaus Deringer and commissioned by PRI, UNEP FI and The Generation Foundation, provides ground-breaking legal analysis on the extent to which legal frameworks enable investors to consider impact in their activities across 11 jurisdictions: the EU, Australia, Brazil, Canada, China, France, Japan, South Africa, the Netherlands, UK and the US.
Several milestones in sustainable finance are highlighted in our overview of UNEP FI’s work during the period from July 2019 to December 2020, which provides a summary of initiatives that are helping to transform the financial sector.
The UN-convened Net-Zero Asset Owner Alliance recommends strengthening of current carbon-pricing instruments and regulations across global economy. Explicit mechanisms for escalating binding carbon-price floor and ceiling are detailed in this paper, delivered to G7 and G20 policymakers.