07 March 2023Climate Change, Publications, Risk, TCFD
Top News
Climate Change, Insurance, Net Zero Banking, Net Zero Insurance, News | 11 July 2021
Global insurance and reinsurance leaders establish groundbreaking net-zero alliance
Geneva/Venice, 11 July 2021—As the G20 gathers in Venice for its Climate Summit, eight of the world’s leading insurers and reinsurers make a historic commitment to play their part in accelerating the transition to a net-zero emissions economy, as required by the Paris Agreement.
Banking, Net Zero Banking, News | 11 July 2021
Almost a quarter of global banking assets now in the Net-Zero Banking Alliance
The Net-Zero Banking Alliance, established in April 2021 by 43 founding banks, and convened by UNEP Finance Initiative, has now grown to 53 banks from 27 countries with US$ 37 trillion in total assets – representing almost a quarter of banking assets worldwide. Announced at the G20 Venice International Conference on Climate, the 10 members who have joined since the launch of the Alliance are: ABANCA, AIB, Banco Bradesco S.A., Caixa Geral de Depósitos, Crédit Agricole, Crédit Mutuel, Groupe BPCE, MUFG, Nationwide Building Society and Swedbank.
UNEP FI welcomes EU Strategy for Financing the Transition to a Sustainable Economy
On 6 July 2021, the European Union (EU) published its Strategy for Financing the Transition to a Sustainable Economy, showcasing the areas of key development since the Action Plan for Financing Sustainable Growth was published in March 2018. The publication establishes the strategic priorities and next steps in terms of both legislative and non-legislative actions in the EU with a clear aim to support the EU Green Deal and the path to a carbon-neutral Europe by 2050.
Asset Owner Alliance, Climate Change, News | 06 July 2021
Net-Zero Asset Owner Alliance argues for binding carbon-price corridor
Today’s global carbon-pricing landscape can and should be transformed in a matter of years and pave the way for 1.5ºC-aligned…
News, SDGs and Impact | 30 June 2021
UNEP FI’s suite of impact analysis tools now covers investment portfolios and real estate
Geneva, 30 June 2021 – UNEP FI has launched two new tools for impact analysis; the Real Estate Impact Analysis…
Blue Finance, Nature, News | 17 June 2021
Financing a sustainable blue economy: recommended exclusions list published
Based on the market-first practical guidance for financial institutions, Turning the Tide, UNEP FI’s recommended exclusions list for a sustainable blue economy provides financial institutions with an overview of activities to exclude from financing due to their damaging impact on the ocean and high risk.
Climate Change, Investment, News | 01 June 2021
UNEP FI and PRI launch joint programme to boost leadership in responsible investing
Geneva, Tuesday 1 June. The UN Environment Programme Finance Initiative (UNEP FI) and the Principles for Responsible Investment (PRI) are…
Asset Owner Alliance, Climate Change, Investment, News | 27 May 2021
Net-Zero Asset Owner Alliance adds 5 new members managing $900 billion
The UN-convened Net-Zero Asset Owner Alliance announced the addition of five new members managing nearly one trillion US dollars of…
Aligning financial portfolios with biodiversity goals: discover the new addition to the ENCORE tool
In a critical decade for climate and nature, banks and investors can now explore their portfolio’s impact on species extinction…
Banks are finally out of the blocks in the race to net-zero – Eric Usher on Financial News
The financial sector is finally picking up the pace in its response to the climate emergency. Central banks are taking steps to better assess climate-related risks, and asset managers responsible for over a third of the world’s assets, including giants like Vanguard and BlackRock, committed to set a net zero path.