The UN-convened Net-Zero Asset Owner Alliance welcomes the David Rockefeller Fund to its membership. The Fund becomes the 28th member of the Alliance, which now has combined assets under management (AUM) of nearly $5 trillion. The Alliance was launched by 12 members with AUM of $2.4 trillion in September 2019. Nili Gilbert, David Rockefeller Fund Trustee & […]

The United Nations Joint Staff Pension Fund (UNJSPF) has joined the UN-convened Net-Zero Asset Owner Alliance, becoming the 27th member. The Office of Investment Management said in a statement: “As a pension fund with long-term investment horizons and liabilities, UNJSPF is vulnerable to the financial impact resulting from both transition and physical risks caused by […]

The UN-Convened Net-Zero Asset Owner Alliance (AOA), representing $4.75 trillion in assets and many of Europe’s largest pension funds and insurance companies, warmly welcomes the review of the EU’s Non-Financial Reporting Directive (NFRD). AOA members have publicly committed at the CEO level to transitioning their investment portfolios to have net-zero greenhouse gas emissions by 2050. […]

Danica Pension becomes the 26th member of the UN-convened Net-Zero Asset Owner Alliance (AOA), committing to transitioning its investment portfolio of $68 billion assets under management (AUM) to net-zero greenhouse gas emissions by 2050. CEO Ole Krogh Petersen said: “As a pension company, our more than DKK 400 billion ($60 billion) assets under management can […]

The UN-convened Net-Zero Asset Owner Alliance (AOA) has more than doubled its membership since its September 2019 launch to 25, with Denmark’s MP Pension announcing its membership today, World Environment Day. MP Pension, with assets under management (AUM) of $18.7 billion, brings the AOA’s total AUM to nearly $4.7 trillion. Jens Munch Holst, CEO at […]

The UN-convened Net-Zero Asset Owner Alliance has reacted to European Commission’s COVID-19 recovery plan. “As some of Europe’s largest asset owners, we welcome the European Commission’s recovery plan, which seeks to uphold the Paris Agreement and puts the EU Green Deal at the heart of the recovery planning. These plans will help lay the foundations […]

Paris-based Tier 1 reinsurer SCOR announced today (27 May 2020) it had joined the UN-convened Net-Zero Asset Owner Alliance, bringing membership to 24 with combined assets under management (AUM) of over $4.6 trillion. Launched in September 2019 during the UN Climate Action Summit, the Net-Zero Asset Owner Alliance (AOA) is an international initiative bringing together […]

11th May 2020 – Danish pension fund PFA has become the 23rd member of the UN-convened Net-Zero Asset Owner Alliance, bringing the total assets under management (AUM) to over US$ 4.6 trillion. By joining the Net-Zero Asset Owner Alliance, an initiative co-convened by PRI and UNEP FI, PFA has committed to transitioning its investment portfolio to net-zero […]

We are not putting climate action on pause The coronavirus pandemic has hit the world with full force. We are facing a global crisis that no-one could have imagined – one that is foremost a health crisis but with wide-reaching implications for the global economy and environment. Bringing climate action to a halt could be […]

7th April 2020 – Wespath Benefits and Investments , the largest single pool of faith-based pension assets in the world, has become the 22nd member of the UN-convened Net-Zero Asset Owner Alliance. The new member, with US$26 billion assets under management (AUM), brings the Alliance’s total AUM to over US$4.6 trillion. Wespath is the second US-based […]

9th March 2020 – German sovereign wealth fund KENFO has become the 21st member of the UN-convened Net-Zero Asset Owner Alliance, bringing the total assets under management (AUM) to approximately US $ 4.6 trillion. By joining the Net-Zero Asset Owner Alliance, KENFO has committed to transitioning its investment portfolio to net-zero greenhouse gas emissions by […]

5th March 2020 – French civil servant pensions fund ERAFP (Établissement de retraite additionnelle de la fonction publique) has become the 20th asset owner to join the UN-convened Net-Zero Asset Owner Alliance, bringing the Alliance’s total assets under management (AUM) to over US$ 4.5 trillion. By joining the Net-Zero Asset Owner Alliance, an initiative co-convened […]

14 February 2020 – Munich Re has become the 19th asset owner to join the United Nations-Convened Net-Zero Asset Owner Alliance, bringing the Alliance’s total assets under management (AUM) to US$4.5 trillion. The group of pension funds and insurers have pledged to decarbonize their portfolios to net-zero emissions by 2050 to avoid a global temperature […]

Günther Thallinger, Allianz CIO and Chair of the UN-convened Net-Zero Asset Owner Alliance, reacts to BP’s announcement: “We welcome BP‘s announcement to reduce its carbon emission by 2050. This ambition is a step towards achieving the objective of our Net-Zero Asset Owner Alliance commitment. It is a significant statement and we expect it will encourage […]

Members of the UN-convened Net Zero Asset Owner Alliance, alongside UNEP FI and its partners, led an affiliated session at the World Economic Forum (WEF) Annual Meeting in Davos on 22 January. The yearly forum engages political, business, cultural and other world leaders of society to shape global, regional and industry agendas. The group of […]

$4.3 trillion AUM Alliance using collective voice at Davos to highlight need for urgent climate action to world’s corporate and political leaders 22 January 2019 – Four months after 12 of the world’s largest pension funds and insurers committed to decarbonize their investments by 2050, the United Nations-convened Net-Zero Asset Owner Alliance has added the […]

The annual gathering of governments, private sector and civil society will now be taking place in Madrid, Spain between 2 and 13 December to further action on climate change and implement the promises that were made under the Paris Climate Agreement. Find out what UNEP FI is doing at COP25 to bring the latest climate commitments made by UNEP FI members to the attention of policymakers.

AXA, Aviva, CNP Assurances and Fonds de Réserve pour les Retraites (FRR) announced today they are joining the UN-convened Net-Zero Asset Owner Alliance, raising total assets under management targeting carbon neutrality by 2050 to more than $3.9 trillion. The Alliance is a group of the world’s largest pension funds and insurers committing to fully decarbonise […]

  UN Environment Programme’s Emission Gap Report, published today, finds that collective ambition must increase more than fivefold over current levels to deliver the cuts needed over the next decade to achieve the 1.5°C goal. The Intergovernmental Panel on Climate Change (IPCC) has warned that going beyond 1.5°C will increase the frequency and intensity of […]

Building on the outcomes of the G20 Global Summit on Financing Energy Efficiency, Innovation and Clean Technology which was held in Tokyo on June 12 2019, the G20 Energy Efficiency Finance Task Group (G20 EEFTG) has collated leading practices by financial institutions and participating member countries in scaling up the energy efficiency investment market to […]

New York, 24 September 2019.  The Global Commission on Adaption estimates over $7 trillion of climate change-related damages over the next ten years. To respond to these challenges, 5 leading banks and investors are committing today to disclose risks and opportunities for their portfolios from the impacts of climate change by 2021. Global financial institutions […]

Asset owners of the UN-convened Net-Zero Asset Owner Alliance have committed to lead the global investment industry in driving economies to carbon neutrality by 2050. Announced at the UN Secretary-General’s Climate Summit on September 23rd, 2019, the Alliance members commit to transitioning their investment portfolios to net-zero greenhouse gas emissions by 2050, consistent with a […]

17 July, 2019, Geneva – A recent United Nations report estimated that it will take $140 to 300 billion to strengthen the resilience of societies and economies to climate change, and reduce the vulnerability of the planet’s natural resources. To accelerate adaptation action around the globe, the Global Commission on Adaptation (GCA) was launched in […]

Tokyo, Japan, 12 June 2019 – At the G20 Global Summit on Financing Energy Efficiency, Innovation and Clean Technology, the CEOs of major pension funds, insurance companies, and senior financiers joined G20 policy-makers in assessing how to close the world´s energy efficiency investment gap. The summit is an official side-event to the 2019 Japanese Presidency of […]

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 […]

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 […]

  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 […]

The Energy Efficiency Financial Institutions Group (EEFIG), jointly convened by the European Commission and UNEP FI, has launched a call for expressions of interest for the first working group it is setting up in its third phase: the working group on the input on energy efficiency to the emerging EU sustainable finance taxonomy and on […]

  On Saturday, following two weeks marked by dramatic rhetoric and intense negotiations over legal language, close to 200 Governments bridged a deep global divide and agreed on the set of rules meant to steer countries worldwide in implementing the historic 2015 Paris Agreement on climate change. UNEP FI’s Climate Lead, Remco Fischer gives more […]

Global investors today called on governments around the world to step up action to address climate change. 415 investors, with $32 trillion in assets-under-management, are behind the call-to-action as signatories of the 2018 Global Investor Statement to Governments on Climate Change.   The ‘Global Investor Statement’ reaches global leaders as the United Nation’s COP24 global […]

UN Environment’s Finance Initiative (UNEP FI) announced today a partnership with 16 of the world’s largest insurers—representing around 10% of world premium and USD 5 trillion in assets under management—to develop a new generation of risk assessment tools designed to enable the insurance industry to better understand the impacts of climate change on their business. This understanding is vital for an industry whose core business is to manage risk.

Partner organizations launch first-of-its-kind global agenda, to demonstrate and accelerate investor-led action critical to achieving goals of the Paris Agreement

Sixteen leading banks convened by the UN Environment Finance Initiative (UNEP FI) and supported by climate risk advisory firm Acclimatise, have released new methodologies that aim to help the banking industry to understand and manage the physical risks and opportunities of climate change in their loan portfolios.

  QUEBEC, 4 JUNE 2018 – As leaders gather in Canada for the 2018 G7 Summit, 288 institutional investors with $26 trillion in assets under management urged governments to step up their ambition and action to achieve the goals of the Paris Agreement, support investment in the low-carbon transition, and improve climate-related financial disclosures. “The […]

The Portfolio Carbon Initiative – a collaboration between World Resources Institute (WRI), UNEP Finance Initiative and 2 Degrees Investing Initiative – have published Exploring Metrics to Measure the Climate Progress of Banks to provide insight into which metrics banks can use to report on the extent to which their activities help or hinder the transition […]

ジュネーブ（2018年4月24日）| 国連環境金融イニシアティブ（UNEP FI）の署名機関である16の大手銀行は、気候変動と気候に関する行動がビジネスにどのような影響を与えるかについて銀行の理解を深めるために、共同で開発した手法を発表しました。

この取り組みは、銀行がTCFDに沿って気候関連のリスクと機会へのエクスポージャーをより透明なものにするための基本的なものです。また、銀行が低炭素経済への移行に貢献し、かつ、その恩恵を享受するために自らの戦略に生かし、さらには、同じ目的のために顧客への働きかけを行い、支援することにもつながります。そもそも、銀行が直面する気候関連のリスクと機会とは、顧客に対するサービスから生じるものであるため、そうした顧客への働きかけや支援ということが非常に重要になります。

Outputs of a working group of 16 banks piloting the TCFD Recommendations Part I: Transition-related risks and opportunities This report is the result of a collaboration between sixteen of the world’s leading banks with UN Environment Finance Initiative (UNEP FI), and management consultancies Oliver Wyman and Mercer to pilot scenario-based assessments of transition-related risks and […]

  Geneva, 24 April, 2018 | Sixteen leading banks from four continents, convened by the UN Environment Finance Initiative (UNEP FI), today published a jointly developed methodology to increase banks’ understanding of how climate change and climate action could impact their business. This understanding is fundamental to enable banks to be more transparent about their exposure […]

            UN Environment Finance Initiative (UNEP FI), together with nine investors representing close to US$ 3 trillion have formed a leadership group to promote action on climate transparency by the investor community. They will work with UNEP FI towards a first set of climate-related investor disclosures in alignment with the […]

  The Investor Agenda will bring together and promote the key actions that investors around the world are taking to meet the goals of the Paris Agreement and manage the risks of climate change. UNEP FI and six of its strategic global Partners – Asia Investor Group on Climate Change, CDP, Ceres, Investor Group on Climate Change, Institutional Investors […]

  19th December, 2017 UNEP FI has been engaging with the new Argentinian G20 presidency via the G20 Energy Efficiency Finance Task Group, of which UNEP FI is part of the secretariat. In his latest blog, UNEP FI’s Martin Schoenberg reports on the importance Argentina is placing on the role of energy efficiency continuing the […]

12 December, 2017 In the latest demonstration of institutional investors’ commitment to taking action on climate change, asset owner La Caisse de dépôt et placement du Québec (CDPQ), as well as asset managers Sarasin & Partners and Latin America-based SURA Asset Management have today joined the United Nations’ Portfolio Decarbonization Coalition (PDC). With the addition of […]

The third annual report from the Portfolio Decarbonization Coalition (PDC) examines the progress made by its members in assessing and taking investment action on climate-related risks and opportunities, and by extension, in decarbonizing capital allocation and portfolio design worldwide. It provides an introduction to the coalition, and an overview of the decarbonization approaches and strategies […]

Former Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), Christiana Figueres, laid down a challenge to the banking industry during UNEP FI’s recent Europe Roundtable when she joined as a surprise guest via live video conference. Christiana, who was one of the architects of the Paris Agreement reached at COP21 in […]

  Two major reports were launched in October 2017 by UN Environment and the 1 Gigaton Coalition.   The eighth edition of UN Environment’s Emissions Gap report, released ahead of the UN Climate Change Conference in Bonn, finds that national pledges only bring a third of the reduction in emissions required by 2030 to meet […]

The Mexican economy has traditionally been strongly driven by revenues from fossil fuels. The Paris Climate Agreement and a realisation in Mexico that new and clean sources of energy and energy savings will reduce volatility and enable a more precitable domestic energy system have triggered a fundamental transformation of the Mexican energy sector, writes UNEP […]

5 September, 2017 We are pleased to announce that UNEP FI member, Rabobank, is the latest to join twelve other first-mover banks working together to implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). The leading Dutch Bank has already halted financing of unconventional energy extraction such as shale gas, and no […]

31 July 2017 We are pleased that UNEP FI member, DNB, has become the twelfth leading bank to join our pilot project to implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). This follows the announcement in early July that eleven of UNEP FI’s banking members not only welcomed the recommendations but […]

Energy efficiency has been sitting at the core of sustainability discussions within the G20 for several years, and has emerged as a key consensus area across the G20 countries. UNEP FI’s Martin Schoenberg provides his take on what the recent G20 summit means for energy efficiency investment going forward, and the role of the G20 Energy […]

31 October, 2017: Update – 16 banks now form the UNEP FI TCFD pilot project. 11 July, 2017 Eleven of the world’s leading banks announced on 11 July, 2017 that they will work together with UNEP FI to develop analytical tools and indicators to strengthen their assessment and disclosure of climate-related risks and opportunities. Following […]

The Energy Efficiency Financial Institutions Group (EEFIG) Underwriting Toolkit launched on June 22nd 2017, during the EU Sustainable Energy Week in Brussels. EEFIG is a partnership between UNEP FI and the European Commission. The report provides a common framework for financial institutions, project developers and hosts of energy efficiency projects such as companies and consumers to […]

“There is incredible momentum on climate action from individual states, cities, the private sector and citizens. A single political decision will not derail this unparalleled effort” said UN Environment Head, Erik Solheim in response to the US decision to withdraw from the Paris Climate Agreement. You can read his full statement later in this article […]

The 8th Clean Energy Ministerial in China saw the Asian launch of the G20 Energy Efficiency Investment Toolkit to a packed audience of policy-makers, cleantech entrepreneurs, investors and financiers. The Clean Energy Ministerials are senior-level meetings dedicated to accelerating the global clean energy transition. The Asian launch was was organised by the G20 Energy Efficiency Finance Task […]

  According to the International Energy Agency’s analysis, more than USD 221 billion is being invested annually into energy efficiency improvements in buildings, industry and transport in the G20 economies. More than half of this investment is into the buildings sector. UNEP FI has contributed to the G20’s Energy Efficiency Investment Toolkit, which provides guidance on […]

 G20 Energy Efficiency Finance Task Group Rapporteur Peter Sweatman presenting the Toolkit at the G20 Energy Efficiency Forum in Hamburg The G20 Energy Efficiency Investment Toolkit marks the culmination of three years of UNEP FI engagement with the G20. Public and private sector financial institutions are increasingly tackling the energy efficiency investment opportunity by sharing […]

January 24, 2017 In the latest demonstration of institutional asset owners’ commitment to climate action, New York State Common Retirement Fund, the third largest public pension fund in the US with $184.5 billion in assets, has joined the Portfolio Decarbonization Coalition. The Common Retirement Fund is the first major US pension fund to join the Coalition’s 28 […]

  The Task Force on Climate-Related Financial Disclosures (TCFD) released its draft Recommendations Report in December 2016. The initiative – set up by the Financial Stability Board – will develop voluntary, consistent climate-related financial risk disclosures for use by companies in providing information to investors, lenders, insurers, and other stakeholders. The task force launched a […]

A Tale of Two Cities: Progress and Challenges on the Road from Paris to Marrakech In his second blog on COP 22, the climate conference that took place in Marrakech from 4 -16 November 2016, UNEP FI Climate Change Officer, Remco Fischer asks what was accomplished in Morocco, and summarises UNEP FI’s contribution.  In the […]

The Good, The Bad, and the Unknown UNEP FI round-up: developments and outcomes from the first week of the 2016 intergovernmental climate conference in Marrakech, Morocco (COP22) by Remco Fischer, Climate Change Programme Officer. The good Last year’s climate meeting in Paris, COP 21, has been widely praised as historic for two reasons: it was […]

In 2016, G20 nations adopted a new long-term strategy for energy efficiency, the Energy Efficiency Leading Program, emphasizing the key role of finance. The topic was also highlighted in the Leaders Communiqué and embedded in the Synthesis Report of the G20 Green Finance Study Group. In parallel, through the mobilisation launched by UNEP FI, $4 […]

As part of the Secretariat of the G20 Energy Efficiency Finance Task Group and the only representative of the private financial sector there, UNEP FI has been leading a global mobilization on energy efficiency finance since COP 21. Currently close to 120 banks from over 40 countries have endorsed the Statement of Financial Institutions on […]

Facing acute environmental challenges, China has made the greening of its economy a priority and has embraced sustainable finance with a remarkable leap in the green bond market in 2016. Energy efficiency is recognized a key measure to reduce emissions of greenhouse gas and other pollutants. In 2015, financial authorities issued credit guidelines to stimulate […]

Investors and financial regulators are increasingly aware of the risks associated with a changing climate. In a recent speech to the insurance industry, the Governor of the Bank of England warned of huge losses faced by investors exposed to these risks. These risks are twofold. Firstly, there are those posed by climate change itself, through […]

Under the Chinese presidency and in the context of its work in the G20 Energy Efficiency Finance Task Group Secretariat, UNEP FI organized a workshop on Enhancing Financial Flows for Energy Efficiency in the Building Sector in China, with the support of SWITCH-Asia. Held on April 15th back to back to the G20 meeting on […]

Smart public policies are key to powering up sub-Saharan’s Africa’s clean energy potential, said the head of UNEP Achim Steiner while unveiling UNEP FI’s latest report in Nairobi Tuesday. Financing Renewable Energy in Developing Countries: Drivers and Barriers for Private Finance in sub-Saharan Africa outlines how current obstacles to renewable energy solutions in Africa can […]

UNEP FI is excited to offer a webinar for participants in Asia to discuss TCFD and climate risk assessment. The session will explore the TCFD framework, the latest from UNEP FI’s insurance and banking TCFD pilots, and regulatory developments around climate risk. 

Join us in Davos at the World Economic Forum 2020 for a media briefing via live link which will see the announcement of an important milestone in the development of the Net-Zero Asset Owner Alliance, as the sixteen members welcome another influential and well-known investor to their mission to decarbonize the economy. Find out how the Alliance will be engaging with the companies it is investing into to ensure their portfolios are net-zero carbon by 2050.

The annual gathering of governments, private sector and civil society will now be taking place in Madrid, Spain between 2 and 13 December to further action on climate change and implement the promises that were made under the Paris Climate Agreement. Find out what UNEP FI is doing at COP25 to bring the latest climate commitments made by UNEP FI members to the attention of policymakers.

At this official side event to COP25, join a panel discussion which will discuss the role of financial institutions in climate leadership roles and the new climate ambition and commitments by financial institutions. The event explores how to achieve virtuous cycles between the finance sector, the real economy and public policy-making.

UNEP FI members from banking, insurance and investment are invited to this presentation of UNEP FI’s paper on adaptation finance by the lead authors, Stacy Swann and Alan Miller of Climate Finance Advisors.
The paper provides recommendations for financial institutions including integration in risk management systems and improved data & metrics.

Financial institutions and journalists are invited to attend an event to hear the experiences of investors from a pilot project implementing the recommendations of the TCFD. Come and find out more about the tools that will help investors perform scenario analysis and calculate the risks and opportunities presented by climate change.

Co-hosted by UNEP FI and IPEEC, and as an official side event to the G20 Presidency of Japan, the G20 Global Summit on Financing Energy Efficiency, Innovation and Clean Technology will be held in Tokyo, Japan on June 12th. Join fellow financial institutions and senior G20 policy-makers in addressing the urgency of scaling up energy efficiency investment to deliver on the world’s agreed policy objectives for a clean energy transition.

This webinar will help financial institutions understand the main topics and process for applying to participate in the first working group set up by the Energy Efficiency Financial Institutions Group (EEFIG) in its third phase: the working group on the development of an EE taxonomy and green tagging to inform the EU´s Sustainable Finance Technical Expert Group (TEG).

Climate negotiators from around the globe are meeting in Katowice, Poland at COP24 to keep working towards implementing the Paris Climate Agreement. UNEP FI will be taking part in the  following events:

UNEP FI has pioneered work on Positive Impact finance, and TCFD implementation for investors, banks and insurers. Join this webinar to hear from the leaders at UNEP FI about the next steps in financing the Sustainable Development Goals, TCFD implementation, and how the bigger picture in sustainable finance is evolving.

This one-day conference brings together the investment, risk, actuarial and underwriting teams to discuss and learn what roles they can play in response to the multidimensional effect of climate risk to their businesses as well as the opportunities it may bring. UNEP FI’s Butch Bacani, Programme Leader of the Principles for Sustainable Insurance, will deliver a keynote presentation on climate change action and sustainable development in the context of the insurance industry, financial regulation and global policy frameworks. Discount available for UNEP FI members.

Discuss sustainable organisation, sustainable business, and sustainable communications in light of the European Action Plan on Sustainable Finance on 12-13 September, 2018 in Munich, Germany at one of the biggest gatherings in the German-speaking sustainable finance field.

This Webinar will discuss the results of a collaboration between sixteen of the world’s leading banks with UN Environment Finance Initiative (UNEP FI), and climate risk and adaptation advisory firm Acclimatise. The banks set out to develop and test a widely applicable scenario-based approach for estimating the impact of climate change on their corporate lending portfolios as recommended by the Recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures (TCFD). Hear directly from the banks, climate consultants and UNEP FI secretariat involved in this project.

Sixteen banks working in collaboration with UNEP FI, risk and investment management experts, and leading scientists have recently published a jointly developed methodology that will enable banks to be more transparent about their exposure to climate-related risks and opportunities, in line with the Task Force on Climate-related Financial Disclosures (TCFD).

Join this webinar to hear more about the methodology for scenario-based assessment of risks and opportunities from the transition to a low-carbon economy.

In order to realise the objectives of the Paris Agreement and the energy transition, the global building stock needs to be made zero emission, efficient and resilient. As the world adds the equivalent of the floor space of the city of Paris in new construction every week, there is an urgent challenge to bring together those who finance this large amount of new construction with the policy-makers who can enable new construction finance to evolve towards zero emissions.

This event, organised by the European Commission in partnership with UNEP FI and the Greek Ministry of Environment and Energy aims to share best practices from Greece and Cyprus as well as further countries on how energy efficiency investments can be financed, including through private sources of capital.

In partnership with the BrightTalk ESG summit, UNEP FI will be presenting updates on three work streams related to the implementation of the Paris Agreement and the SDGs. Financial institutions have a key role to play in implementing the world’s agreed goals.

UN Environment’s Finance Initiative, in collaboration with Climate Strategy & Partners, is organising a high-level roundtable on green tagging for energy efficiency finance as a side event to the Bloomberg Future of Energy Summit.

Building on the success of its Forum in New York, Climate Action is bringing the Sustainable Investment Forum to Europe in March 2018 in partnership with UNEP FI.
The European Forum will welcome 250+ high-level decision-makers from the finance community, European governments and think tanks to meet, network, share ideas and discuss concrete solutions to the current challenges of the European and global climate finance market.

This high-level conference will take stock, two years after COP 21, of the significant committments by banks and investors on energy efficiency and identify ways to scale up energy efficiency investment. The event will culminate in a high-level segment with UNEP FI member CEO representation and occurs the day before the summit organised by the French President on the Paris Agreement.

This year’s global Conference of the Parties of the UN Framework Convention on Climate Change (‘COP23’) will take place in Bonn, Germany, from 6 – 17 November. UNEP FI and partners are building a strong presence at COP23, via a number of events and platforms.

The European Union’s Energy Union Framework Strategy includes energy efficiency as one of its five dimensions and states it is to be considered as an energy source in its own right. The ambitious Paris climate agreement also underlines the importance of energy efficiency. To realise its full potential, public funds will not suffice and private financing will have to be unlocked on a large scale. This webinar, organised in partnership with the European Commission, will discuss the use of energy efficient mortgages in Europe.
Register by 22 September 2017.

The Energy Efficiency Financial Institutions Group (EEFIG) is a partnership between UN Environment Finance Initiative and the European Commission to scale up energy efficiency financing and investment. This webinar for UNEP FI members is to seek your views on the future development of EEFIG, which will enter its third phase in 2018.

The event aims to share best practice from the Republic of Ireland, the UK and further afield on how energy efficiency can be financed through private funds and innovative financing instruments, notably in the building and SME sectors. Speakers will focus on practical experience in developing, structuring and financing energy efficiency investment programmes.

This members-only webinar highlights UNEP FI’s work plan for the European region and discusses expectations for and from the members. The discussion will then focus on the Energy Efficiency initiatives in Europe and opportunities for membership involvement.

UNEP FI will be participating in the Climate week 2017 “Sustainable Santiago – together against climate change” that will take place in Santiago de Chile from 13 to 16 June 2017. This event is being organized by the Foundation Konrad Adenauer, the Ministry of Environment, along with other partners and collaborators. The event will have several panels, throughout the week. On June 16th, UNEP FI will be part of a panel on “Sustainable Finance” with a focus on Sustainable Construction Financing, along with Banco Santander Brazil.

This webinar, organised by the European Commission in partnership with the UN Environment Finance Initiative, will discuss the role of standardisation and benchmarking in order to facilitate access to finance for energy efficiency investments.

UNEP FI supports the Energy Efficient Mortgage Initiative launched last year by the European Mortgage Federation- European Covered Bond Council (EMF-ECBC) which will have its third stakeholder meeting and kick off of the Energy Efficient Mortgages Action Plan on June 9.

The event aims to share best practice from Denmark, Sweden and Finland on how energy efficiency can be financed through private funds and innovative financing instruments, notably in the building and industry sectors. The event is organised as part of a series of events over three years, seeking to build and support long-lasting action in EU Member States.

Targeting the Czech Republic, Slovakia, Hungary and Austria, this event aims to share best practice from the region on how energy efficiency can be financed through private funds and innovative financing instruments, notably in the building and industry sectors. The event is organised as part of a series of events over three years, seeking to build and support long-lasting action in EU Member States.

The members of the Portfolio Decarbonization Coalition (PDC), a UNEP FI-convened platform of 30 leading investors worldwide committed to taking bold portfolio action in response to climate change, are convening this week in Stockholm, at the invitation and under the auspices of Scandinavian pension company Storebrand/SPP, a member of the PDC Steering Committee.

15-16 November 2016 | Lima, Perú This event aims to promote a dialogue and exchange of experiences among Financial Institutions from Latin America and the Caribbean (LAC) and the Asia-Pacific (APAC) regions about the challenges and opportunities for private investments in energy efficiency to mobilize and deploy adequate and effective financial resources to achieve a […]

4-16 November | Marrakech, Morocco
The first global climate meeting focused on implementing the historic Paris Agreement will take place in Marrakech 7-14 November. This is an overview of upcoming events and activities taking place at, and around COP 22, that UNEP FI members can contribute to.

20 September 2016 | New York, NY, USA

The Sustainable Investment Forum, organized by Climate Action, will unite 300 stakeholders from national and regional government, international finance, private industry and carbon management sectors for a day of high level discussion and debate during New York Climate Week.
UNEPFI Members are eligible for a reduced fee.

1-9 December 2015 | Paris, France Significant COP21 events and side events December 1st Financing the Transition to Zero Deforestation Open registration – registration link Financial institutions can play a vital role in addressing the deforestation and degradation risks inherent in the unsustainable production, trade, processing and retail of soft commodities, especially soy, palm oil […]

26, 27 and 28 August 2015 | Webinar These webinars will explore how financial institutions can measure and manage exposure to carbon asset risk. The webinars will coincide with the public release of the Carbon Asset Risk Discussion Framework, a highly-anticipated resource for financial institutions. The exact timings for this second set of webinars are […]

19-22 May | Paris, France Climate Finance Day on 22 May provided a platform for financial institutions to demonstrate leadership on climate change. By showcasing firstly the Portfolio Decarbonization Coalition (PDC) – and secondly the Insurance industry commitments to build disaster resilience and promote sustainable development – UNEP FI continued to demonstrate that it is […]

Relevant Materials   Investor Briefing: Portfolio Carbon Programme Article in the Guardian Press Release         , News   Investment & Pensions Europe All Africa Eco Seed Business Green Environmental Expert Environmental Leader         , Relevant Materials   Programme Article in the Guardian Press Release         ,19 […]

UNEP FI at the UNFCC 18th Conference of Parties (COP 18)26 November – 7 December 2012 | Doha, Qatar ,In the arena of the international climate change negotiations, UNEP FI has facilitated input from the finance, investment and insurance industries into the UNFCCC process. As part of its activities in this space, UNEP FI offers to […]

Videos   Video: Financing Renewable Energy     Press Conference at Governing Council View Report   Press release 21 February 2012 | Nairobi, Kenya Smart public policies are key to powering up sub-Saharan’s Africa’s clean energy potential, said the head of UNEP Achim Steiner while unveiling UNEP Finance Initiative’s latest report in Nairobi. In doing […]

Webinar | 30 January, 2012, 14:00 CET UNEP FI is pleased to invite you to join a webinar with leading financial representatives on the recent 17th Conference of Parties to the United Nations Framework Convention on Climate Change (COP17). The recent climate change conference, which took place in Durban, South Africa, is believed to have […]

UNEP FI at the UNFCC 17th Conference of Parties (COP 17)28 November – 9 December 2011 | Durban, South Africa ,The private financial sector must be a central part of the global strategy to address climate change. Not only do financial institutions possess the skills, expertise and resources required to deal with the problem: if […]

,Despite the global economic crisis, and increased market volatility, the world’s largest investors gathered under the umbrella of UNEP FI and four other investor groups urged governments and international policy makers to take new and meaningful steps in the fight against climate change in late October. In a joint statement the group of 285 investors […]

Press Release   English Version ,,Video of launch of REDDy-Set-Grow Part I Visit the webpage of the launch of the Part I report., 13 September 2011 | Webinar UNEP FI invites you to join an online discussion with leading financial and government representatives to mark the launch of a landmark UNEP FI report on forest […]

7-16 June | Bonn, Germany UNEP FI, in partnership with UNEP, held a series of events in June in parallel to the UN Climate Change Conference in Bonn with the intention of bridging the public-private divide in current efforts to address climate change. While the need to mobilise the private sector – including financial institutions […]

REDDY-Set-Grow video , Press release   Press release ,, 6 May, 2011 | London, UK Leading financial institutions upped the ante on their future role in mitigating climate change as they called for more effective forest-carbon regulations on the occasion of a UNEP FI report launch at the Bank of America Merrill Lynch’s European headquarters […]

Webinar | 22 March 2011, 16:00 GMT While the Cancún Agreements did not provide long-term certainty or a vastly improved climate policy environment, the negotiations did make progress in key areas and reaffirmed the overall policy commitment on climate change. Following on from the 2010 Global Investor Statement on Climate Change this IIGCC, INCR, IGCC, […]

, 12 January 2011 | Frankfurt, Germany On the 12th January in Frankfurt, Germany, the new report ‘Advancing adaptation through climate change information services: Results of a global survey on the information requirements of the financial sector’, was launched by UNEP FI and the Sustainable Business Institute (SBI), sponsored by the German Federal Ministry of […]

, 29 November – 10 December 2010 | Cancun, Mexico From the 29 Nov to the 10 Dec 2010 the world’s governments meet in Cancun, Mexico, to continue a process to enable the full, effective and sustained implementation of the Convention through long term cooperative action. It is hoped that we will see governments and […]

4-5 December 2010 | Cancun, Mexico From the 4-5 December 2010 the UNEP Finance Initiative and partners, including the World Bank, the UN Global Compact, the Carbon Disclosure Project and many others, will come together to launch the inaugural World Climate Summit at The Ritz-Carlton, Cancun, Mexico. WCS will be running in parallel to COP16, […]

4-5 November 2010 | Johannesburg, South Africa UNEP FI and The African Carbon Asset Development Facility along with signatories Standard Bank and Development Bank of Southern Africa are proud to bring to you The African Bankers’ Carbon Finance and Investment Forum on 4-5 November in Johannesburg, South Africa. In the run-up to the COP16 in […]

Webinar: 28 January 2010 | 4:00 PM – 5:15 PM GMT In December 2009 world leaders finalised historic negotiations at COP15 in Copenhagen; even though the outcomes remained well below expectations, some progress was made and new ground covered, with potential implications for emissions reductions targets, carbon markets and other instruments, public finance mechanisms and, […]

Cape Town toCopenhagenNEWS CENTRE ,, 7-18 December | Copenhagen, Denmark From the 7th to 18th December 2009 the world’s governments meet in Copenhagen, Denmark, to negotiate and hopefully agree on what the global response to climate change and a successor deal to the Kyoto Protocol will look like. All potential outcome scenarios suggest that businesses, […]

, 6 June 2009 | Bonn, Germany UNFCCC June Talks on the run-up to Copenhagen View the webcast of the event. How can carbon markets and the Flexible Mechanisms of the Kyoto Protocol be actually improved to cover so-far neglected countries, project sizes and technology categories? How can technology transfer happen without compromising the vital […]

9 December | CoP 14 – Poznan, Poland Seminar followed by networking reception. Forests are biological sinks that permanently stabilise and sequester carbon since the beginning of life on the planet. They have covered vast areas of the earth’s surface for millennia, and to date contain around 60 per cent of the carbon stored in […]

, 11 December 2007 | COP 13 – Bali, Indonesia On December 11th, the UNEP FI Climate Change Working Group launched its latest CEO Briefing at COP 13 in Bali. “Carbon Crunch: Meeting the Cost“, analyses the most recent studies on the cost of climate change, the benefits of early mitigation- and adaptation-action, and the […]

, 15 November, 2006 | COP 12 – Nairobi, Kenya UNEP FI’s CCWG held a side event at the UN Climate Change Conference in Nairobi, marking the launch of its latest report “Adaptation and Vulnerability to Climate Change: The Role of the Finance Sector.” The report is the latest from the Climate Change Working Group, […]

,5 December, 2005 | Montréal, Canada The UNEP FI Climate Change Working Group (CCWG) held a side event at the UNFCCC Eleventh Conference of Parties (COP 11), and first Meeting of the Parties (MOP 1) in Montréal, Canada. The side event marked the official launch of the CCWG’s latest publication, The Future of Climate Policy: […]

,UNEP FI Side Event: United Nations Framework Convention on Climate Change (UNFCCC) Tenth Conference of the Parties (COP 10) 15 December 2004 | Buenos Aires, Argentina UNEP FI launched its CEO Briefing on Finance for Carbon Solutions (PDF: 1.3 MB) at the United Nations Framework Convention on Climate Change (UNFCC) Tenth Conference of the Parties […]

,Creating the Climate for Change 1-2 June, 2004 | Bonn, Germany The following is adapted from the SEF event Communiqué On 1-2 June 2004, the Sustainable Energy Finance (SEF) Event “Creating the Climate for Change” (organized by the Sustainable Energy Finance Initiative (SEFI), a joint initiative between UNEP FI, UNEP Energy and the Basel Agency […]

,UNEP FI Side Event: United Nations Framework Convention on Climate Change (UNFCCC) Ninth Conference of the Parties (COP 9) 10 December 2003 | Milan, Italy With the uncertainty of Russian ratification looming over the UN Framework Convention on Climate Change (UNFCCC) Ninth Conference of the Parties (COP 9) in Milan, the UNEP FI Climate Change […]

,UNEP FI Side Event: United Nations Framework Convention on Climate Change (UNFCCC) Eighth Conference of the Parties (COP 8) 30 October 2002 | New Delhi, India Key Documents Emissions Trading Position Paper (PDF: 146 KB) UNEP Press Release: Financial Sector, Governments and Business Must Act on Climate Change or Face the Consequences (PDF: 198 KB) Reuters: […]

UNEP FI Side Event: United Nations Framework Convention on Climate Change (UNFCCC) Seventh Conference of the Parties (COP 7) November 2001 | Marrakech, Morocco Key Documents Climate Change Working Group Position Paper – 2001 (PDF: 31 KB) UNEP FI Press Release: Finance sector ready to implement Kyoto Protocol: Multi-billion USD market is waiting (PDF: 20 […]

UNEP FI Side Event 18 July, 2001 | Bonn, Germany Key documents UNEP Press Release: Financial sector responding to climate change – impatient with pace of political progress (PDF: 18 KB) Overview UNEP Finance Initiatives held a successful special event at the United Nations Framework Convention on Climate Change 6th Conference of the Parties (COP […]

This report aims to present the survey results of “How the Banks of Latin America and the Caribbean (in Spanish, ALC) incorporate climate change in their risk management,” which aligns with the first global initiative exploring what regional banks are doing to integrate dimensions of climate change in their strategy and management.

Twelve institutional investors from eight countries, convened by UNEP FI and supported by Carbon Delta, have worked throughout 2018–2019 to analyse, evaluate, and test, state-of-the- art methodologies to enable 1.5°C, 2°C, and 3°C scenario-based analysis of their direct property investment portfolios in line with the recommendations of the FSB’s Task Force on Climate-related Financial Disclosures […]

Banks, investors, insurers and regulators are increasingly analyzing and adapting their financial strategies taking into account the risks and opportunities presented by the clean energy transition. Investments in renewable energy are currently a standard practice for most financial institutions. Investments in energy efficiency are also growing, yet their transaction size is small in comparison. Nevertheless, […]

UNEP FI partnered with Climate Finance Advisors to deliver this report to the Global Commission on Adaptation. It identifies the main barriers in the financial system to accelerated investment in adaptation-related programmes and projects and proposes six sets of recommendations to unlock the financing of adaptation programmes. Even if we reduce our greenhouse gas emissions […]

Twenty institutional investors from eleven countries, convened by UNEP FI and supported by Carbon Delta, have worked throughout 2018–2019 to analyse, evaluate, and test, state-of-the-art methodologies to enable 1.5°C, 2°C, and 3°C scenario-based analysis of their portfolios in line with the recommendations of the FSB’s Task Force on Climate-related Financial Disclosures (TCFD). The outputs and […]

Outputs of a working group of 16 banks piloting the TCFD Recommendations Part 2: Physical-related risks and opportunities This report is the result of a collaboration between sixteen of the world’s leading banks with UN Environment Finance Initiative (UNEP FI), and climate risk and adaptation advisory firm Acclimatise. The banks set out to develop and […]

Assessing and reporting on the transition to a low carbon economy is a key area of interest for public- and private-sector banks. In the months preceding the United Nations climate change conference in Paris in 2015, many of the world’s leading banks made commitments to either decrease the financing of “climate problems” or increase the […]

Outputs of a working group of 16 banks piloting the TCFD Recommendations Part I: Transition-related risks and opportunities This report is the result of a collaboration between sixteen of the world’s leading banks with UN Environment Finance Initiative (UNEP FI), and management consultancies Oliver Wyman and Mercer to pilot scenario-based assessments of transition-related risks and […]

The third annual report from the Portfolio Decarbonization Coalition (PDC) examines the progress made by its members in assessing and taking investment action on climate-related risks and opportunities, and by extension, in decarbonizing capital allocation and portfolio design worldwide. It provides an introduction to the coalition, and an overview of the decarbonization approaches and strategies […]

  Two major reports were launched in October 2017 by UN Environment and the 1 Gigaton Coalition.   The eighth edition of UN Environment’s Emissions Gap report, released ahead of the UN Climate Change Conference in Bonn, finds that national pledges only bring a third of the reduction in emissions required by 2030 to meet […]

The Energy Efficiency Financial Institutions Group (EEFIG) Underwriting Toolkit provides a common framework for financial institutions, project developers and hosts of energy efficiency projects such as companies and consumers to scale up their deployment of capital into energy efficiency. EEFIG is a partnership between UNEP FI and the European Commission. The multiple stakeholders involved in energy […]

Each year, governments, financial institutions, companies and consumers around the world are investing more than USD 221 billion into capital expenditure in buildings, industry and transport, to improve energy efficiency. For G20 countries, who are responsible for over 80% of primary energy consumption and 80% of green house gas emissions globally, energy efficiency and improved […]

‘Demystifying Adaptation Finance for the Private Sector’ is the second of a series of studies by UNEP FI that analyse the role of private finance in confronting the challenges of climate change. This study seeks to shed light on the role, potential and policy needs of private financial institutions in enabling adaptation to the unavoidable […]

The second annual progress report from the Portfolio Decarbonization Coalition (PDC), provides an introduction to the coalition and an overview of the decarbonization approaches and strategies of its members. It reflects on the experiences of members, and offers suggestions on how governments, investors and the PDC can accelerate the process of portfolio decarbonization in ways […]

This is the form that asset managers need to complete and submit to UNEP Finance Initiative so as to join the Portfolio Decarbonization Coalition (PDC). Link to the document.

This is the form that asset owners need to complete and submit to UNEP Finance Initiative so as to join the Portfolio Decarbonization Coalition (PDC). Link to the document.

This brochure provides and summarizes the nature of the Portfolio Decarbonization Coalition (PDC), its objectives and rationale, the benefits that participating investors experience, and the group of asset owners and managers that to date have joined PDC by making a corresponding commitment. Link to the Brochure.

Exploring Options for Institutional Investors

The second annual progress report from the Porfolio Decarbonization Coalition (PDC), provides an introduction to the coalition and an overview of the decarbonization approaches and strategies of its members. It reflects on the experiences of members, and offers suggestions on how governments, investors and the PDC can accelerate the process of portfolio decarbonization in ways […]

Towards an Actor Based Perspective

Guiding FIs to understand, evaluate and manage GHG-related risks

Climatic challenges, the role of climate information, and what an organizational response can look like

How private finance connects with climate change mitigation and adaptation
Executive Summary

Mobilizing financial markets to catalyze economic decarbonization
Press release

How climate leadership is emerging in the finance sector – and on how public and private actors need to work together to grow leadership into a new normal

Signed by 407 investors representing more than US $24 trillion in assets

In partnership with Cambridge University and IIGCC, UNEP FI has developed a summary and fast-track guide to the findings of the Intergovernmental Panel on Climate Change (IPCC) on the physical, economic, and regulatory impacts of climate change from a finance sector perspective. View the Press Release Published: 2014 | by: UNEP FI, Cambridge and IIGCC […]

A global industry survey on how to mobilise climate insurance for vulnerable communities

How the insurance industry and governments can work together more effectively in building climate resilience

Latest quantitative evidence of rising levels of green finance from developing countries.

A briefing on why and how investors should meausre, disclose, and manage the GHG embedded in investments and portfolios.

2012 Investor Call for Climate Change Action

Survey-backed study of obstacles hindering the private financing of renewable energy projects in sub-Saharan Africa

How low-carbon investment in sub-Saharan Africa is made possible by international carbon markets

Case study on risks associated with climate change and ecosystem degradation in South Africa’s Eden District Municipality

This Statement is supported by investors that represent assets of more than US$20 trillion
Press release

The report has two objectives: (1) to contribute to policymakers’ understanding of the factors that institutional investors consider when investing in areas such as renewable energy and energy efficiency, and (2) to set out what institutional investors see as ‘investment-grade’ climate change and clean energy policy that would support significant low carbon, clean energy investment. […]

Suggestions by the financial sector on an effective forest-based climate change mitigation policy.
Executive Summary

Opportunities for financial actors and governments in the budding forest carbon markets

Results of a global survey on the information requirements of the financial sector

The world’s capital markets demand determined policy action on climate change
Spanish Portuguese

The global insurance industry demands public-private action on climate change adaptation in developing countries
French Spanish Korean

World’s largest investors urge prompt action on climate change policies.
Press release

How Public Finance Mechanisms can be employed to scale up private sector investment in climate solutions
Case Study Analysis
Press release
Chinese version summary

The world’s capital markets speak up on the urgent need for a real deal on climate change.
Press Release

A set of finance sector proposals on key items of the climate change negotiation process. (Executive Summary)
Provide your feedback

Provides an evidence base on the status quo, the barriers and possible ways forward in the field of energy efficiency finance. (Executive Summary)
Chinese version summary

An analysis of the finance sector’s role in helping meet the cost of climate change.

The first global statement on climate change by the finance sector

Calls for a new approach on part of governments and the private sector to address the physical changes that climate change will bring.

A statement of investor expectations for comprehensive corporate disclosure.

A guide to the framework disclosing climate risk to investors with examples of disclosure from leading corporations.

Recommendations for policy-makers on climate policy beyond 2012.

The Clean Development Mechanism: The Financial Sector Perspective

The business case for financing renewable energy.

Overview of emissions trading issues from a financial sector perspective.

An introduction to the UNEP FI Climate Change Working Group

A joint UNEP initiative focused on encouraging investment in sustainable energy

A directory of funding sources for projects in the sustainable energy field.

Key findings of the UNEP FI Climate Change Working Group study on climate change and the financial services sector

Part 2 of a two-phase study on the financial services sector and climate change commissioned by the UNEP FI Climate Change Working Group.

Part 1 of a two-phase study on the financial services sector and climate change commissioned by the UNEP FI Climate Change Working Group.

A step-by-step method for the calculation of GHG emissions.