UNEP FI’s work on pollution and circular economy will feed into our existing frameworks, in particular the Principles for Responsible Banking and the Principles for Sustainable Insurance, and will support our members in their implementation. Below are the current opportunities available to UNEP FI members to get involved:
For banks and insurers: Join the Finance Leadership Group on Plastics
This new group of around ten banks and insurers will provide input and suggestions to the Intergovernmental Negotiation Committee (INC) on the desired outcomes of the historic international legally binding agreement to end plastic pollution endorsed by UN Member States in 2022, and build readiness in the finance sector to act on plastic pollution through awareness raising, capacity building, and target-setting support.
To find out more or join the group, please contact Peggy Lefort.
For banks: Join the resource efficiency and circular economy target-setting working group
Published in December 2021, the Resource Efficiency and Circular Economy Target Setting Guidance for Principles for Responsible Banking signatories provides a practical approach to setting targets to finance resource-efficient and circular projects, activities and clients. From February 2022, a group of banks will work on applying the methodology proposed in the guidance and will receive support in setting targets. An updated version of the guidance will be developed following the working group’s feedback in applying the methodology.
If you are interested in receiving support setting targets in this area, join our working group. To find out more or participate, please contact Peggy Lefort.
For financial institutions in Latin America & the Caribbean: Join the circular economy interest group
Launched in September 2021, an interest group of financial institutions from the private and public finance sector, business associations and representatives from governments is contributing to the development of a research and peer exchange on financing a circular economy in the Latin America and Caribbean region.