News

A just transition for Latin America and the Caribbean: New guidance for banks and insurers launched at COP30

The transition to a sustainable economy is urgent, but it must be fair to all. This is especially true for Latin America and the Caribbean (LAC): one of the most climate-vulnerable regions facing persistent social inequalities. UNEP FI’s latest report provides practical guidance on how banks and insurers operating in LAC can integrate just transition principles across their organizations.

Net-Zero Export Credit Agencies Alliance’s first progress report reveals advances in target-setting, measurable emissions reductions and climate finance developments

The UN-convened Net-Zero Export Credit Agencies Alliance (NZECA) launches its first progress report in conjunction with Trade and Finance Day at COP30, detailing how it is working to align USD 338 billion of export support with pathways to net zero by 2050. Alongside the report, the alliance releases a paper on tailoring GHG accounting methodologies for trade finance.

Why adaptation finance is moving up the climate finance agenda — and how financial institutions can engage at COP30

As the impacts of climate change accelerate, climate adaptation — the process of adjusting systems, communities, and economies to changing climate conditions — is moving from the margins to the mainstream of climate action. For financial institutions, this shift is more than just a policy trend — it’s an emerging area of risk management, investment opportunity, and strategic relevance.