UNEP FI Signatories based in Europe are included in UNEP FI’s Working Group for Europe, which provides a pan-European platform to address region-specific sustainability issues and gaps. The Europe Working Group also provides regional perspectives to inform UNEP FI’s overall work programme. UNEP FI works with a network of partners to disseminate, promote and communicate its work across the region, such as tools, research and workshops with the objective of expanding sustainability and responsible finance practices throughout European financial institutions. UNEP FI undertakes outreach with European institutions and sustainable finance networks in Europe and convenes various actors, including finance institutions, industry associations and policy-makers.

To advance the sustainable finance agenda in Europe, UNEP FI works with its Europe-based Signatories and Regional Advisors, who act as dedicated industry counterparts in the design and implementation of UNEP FI strategy in the region.

Activities

UNEP FI activities in Europe focus on:

  • Building and reinforcing partnerships with European players and national networks promoting sustainable finance in Western Europe / European Union: UNEP FI works towards building and reinforcing synergies with strategic actors in the European Union and other Western European countries across sustainable finance, including industry associations, sustainable finance specific fora, multilateral and development financial institutions, policy-makers and regulators, academia, etc.. UNEP FI shares information, contributes to consultations and explores opportunities for partnerships in areas such as policy dialogue, research, event organization and tool development. In addition, UNEP FI liaises with national networks and platforms in which UNEP FI members are involved, to facilitate knowledge sharing with the goal of contributing to the dynamics of the sustainable finance in the region.
  • Raising the awareness and building the capacity of finance institutions on social and environmental risks and opportunities in Central and Eastern Europe: UNEP FI’s priorities in non-EU members starts in Central and Eastern Europe are to raise awareness of the link between environment and social issues and finance, and to build the capacity of financial institutions to integrate environmental and social issues into traditional financial operations. UNEP FI also strives to support and facilitate local initiatives promoting the adoption of sustainable business practices by the finance sector. UNEP FI started to build a presence in Central and Eastern Europe in 2004.

Europe’s Sustainable Finance Strategy reviewed for enactment in Brussels

In the coming months, the European Parliament and Council will review the European Commission’s legislative package’s three proposals, including proposals on a sustainable taxonomy and investor duties, before the final texts are agreed upon.  If passed, change of this nature – simultaneously across the entire European investment chain – would constitute ground-breaking progress towards the transition to a sustainable financial system.

For more information, please read the article here

Training and professional development

UNEP FI has a range of training offerings, both online and in workshop format, covering several themes. For further information on each of these services, please visit the Sustainable Finance Training section.

Members

Financial institutions based in Europe which are UNEP FI Signatories

Supporting institutions

Climate Bonds Initiative (United Kingdom)
ClimateWise (United Kingdom)
Dutch Association of Insurers (The Netherlands)
Earth Security Group (United Kingdom)
Environment & Security Initiative (Switzerland)
Finance Norway (Finance Norway)
Forum per la Finanza Sostenibile (Italy)
International Labour Organization’s (ILO) Impact Insurance Facility (Switzerland)
International Cooperative & Mutual Insurance Federation (United Kingdom)
Italian Federation of Banks, Insurers and Finance (FeBAF) (Italy)
Global Organizational Learning & Development Network for Sustainability (Belgium)
National Committee on International Cooperation and Sustainable Development (The Netherlands)
Oceana Europe (Spain)
University of Westminster (United Kingdom)
Verein für Umweltmanagement und Nachhaltigkeit in Finanzinstituten (VfU) (Germany)

Contact

Liesel Van Ast on europe@unepfi.org

1 October 2020

European Commission appoints Platform on Sustainable Finance, includes UNEP FI

The European Commission published today the list of members of the Platform on Sustainable Finance, which includes UNEP FI. The Platform brings together experts from civil society organizations, academia, and the business and finance sector to develop sustainable finance policies and tools to tackle the urgency of the sustainability transition. For the next 2 years the…

5 December 2019

UNEP FI Regional Roundtable Europe 2019: Highlights

The UN Environment Programme Finance Initiative (UNEP FI), Luxembourg for Finance (LFF) and Global Landscapes Forum (GLF) joined forces for three days to welcome over 500 sustainable finance professionals to Luxembourg on 28-30 November 2019. The events, co-hosted by the Luxembourg Ministry of Finance and Ministry of the Environment, Climate and Sustainable Development, created a…

13 November 2019 | Bishkek, Kyrgyzstan

Introductory Training Workshop on Environmental & Social Risk Analysis in Kyrgyzstan

An introductory training workshop on Environmental and Social Risk Analysis (ESRA) will take place in Bishkek (Kyrgyzstan) on November 13th, 2019. The workshop will be organized by UNEP FI and the Ecobanking Project of INCAE Business School. Partnership for Action on Green Economy (PAGE) and the Union of Banks of Kyrgyzstan, in collaboration with the International Finance Corporation (IFC).

18 June 2019

European Commission’s Technical Expert Group on Sustainable Finance launches reports, including on an EU Taxonomy, to help drive the transition towards a sustainable economy

On 18 June 2019, the European Commission’s EU Technical Expert Group on Sustainable Finance (TEG) launched reports on an EU Taxonomy, a voluntary EU Green Bond Standard and voluntary low-carbon benchmarks. The TEG’s reports will help shape future regulations, some of which are still under negotiation. EU Taxonomy EU Green Bond Standard Climate Benchmarks and…

7 March 2019

EU policy makers achieve political agreement on investor disclosures and ESG

The EU has taken an important step forward on advancing sustainable finance. On Thursday 7 March 2019, the EU Parliament and Council achieved political agreement on requiring ESG integration by financial market participants. Clarifying the fiduciary duties of investors has been a priority for UNEP FI for many years. These rules are an essential part…

27 November 2018

At UNEP FI’s GRT 2018 Day 2: Euronext opens markets in Paris with a call for urgent action for sustainable finance

Euronext Bell Ringing Euronext opened financial markets in Paris on 27 November 2018 at Palais Brongniart in support of the Climate Finance Week in Paris dedicated to delivering a sustainable financial system with the UNEP FI Global Roundtable and the 4th Climate Finance Day. The event included participation from Eric Forest, Head of Listing France for Euronext, Philippe…

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20 November 2019 | Paris, France

Sustainable Blue Economy Finance Workshop

UN Environment Programme Finance Initiative (UNEP FI) and the European Commission are organising a Sustainable Blue Economy Finance Workshop alongside the Sustainable Ocean Summit. Participants will explore what is required for the finance sector to accelerate uptake of finance-related policies, practices, financial instruments, opportunities and initiatives to contribute to a sustainable blue economy.

11-12 June 2019

RI Europe

UNEP FI is pleased to support this annual two-day conference which provides a unique opportunity to learn, share and debate responsible investment issues with 700+ investment professionals from across the globe. Engage with Europe’s largest investors on key themes affecting local markets and the rest of the world. Thought-leaders from across the institutional investment sector as well as academic researchers will come together to debate key issues.

30 April 2019 | Frankfurt, Germany

Emerging Global Trends in Sustainable Finance: a meeting with Eric Usher, Head of UNEP FI

VfU are presenting an open meeting with Eric Usher, Head of UNEP FI to discuss global trends in sustainable finance. The event, which is organised in cooperation with the Green and Sustainable Cluster (GSFC) Germany will discuss UNEP FI's Principles for Responsible Banking, implementation of the TCFD Recommendations, an update on taxonomy for banks, impact-based approaches to corporate lending and more.

12 March 2019 | Paris, France

Sustainable Investment Forum Europe 2019

The Sustainable Investment Forum Europe will take place on 12 March in Paris. This must-attend forum will convene over 300 asset owners and managers, ratings agencies, banks, UN and Government policymakers, investors, development banks, think tanks, and NGOs committed to driving forward the sustainable finance agenda.

12-13 September 2018 | Munich, Germany

VfU/UNEP FI Roundtable on Sustainable Finance

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.

13 March 2018 | Paris, France

Sustainable Investment Forum Europe: Financing Innovation for a Low Carbon Future

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.

23 November 2017 | Amsterdam, The Netherlands

Presentation and launch of the Positive Impact Initiative

UNEP FI is pleased to announce the upcoming presentation and launch of its Positive Impact Initiative in Amsterdam, the Netherlands, on 23rd November 2017, which will be hosted by Dutch Central Bank De Nederlandsche Bank (DNB), in partnership with the Dutch members of the Positive Impact Initiative: ABN AMRO, ING Bank and Triodos Bank.

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A Journey towards a sustainable financial system: Luxembourg Sustainable Finance Roadmap

The aim of this Roadmap is to set a vision and lay the groundwork to establish a comprehensive and far-reaching sustainable finance strategy contributing to the Agenda 2030 and towards the objectives of the Paris Agreement. This Roadmap is ambitious in terms of Luxembourg’s contributions to sustainable development and climate action, it is forward looking…

Fiduciary Duty in the 21st Century – Ireland Roadmap

In June 2018, United Nations Environment Programme Finance Initiative (UNEP FI), the Principles for Responsible Investment (PRI), and The Generation Foundation in collaboration with SIF Ireland, Ireland’s Sustainable and Responsible Investment Forum, released the Fiduciary Duty in the 21st Century Ireland Roadmap. The report provides clear recommendations on policy and market changes required to achieve full ESG integration into…

Fiduciary Duty in the 21st Century – Germany Roadmap

The PRI, UNEP FI and The Generation Foundation have published the Germany Roadmap which builds on the report Fiduciary Duty in the 21st Century. Many industry experts involved in this study indicated that ESG integration in Germany is on average less advanced than in neighbouring France, the Netherlands, the UK and Scandinavia. Despite this, momentum…