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 Events
  Advancing Natural Capital in finance – next steps for R&D under the Natural Capital Declaration
16 October, 2014
Geneva, Switzerland
 
     
  In the Driver’s Seat - Emerging Markets & Sustainable Finance
16 October, 2014
Geneva, Switzerland
 
     
  World Investment Forum 2014: Investing in Sustainable Development
13-16 October, 2014
Geneva, Switzerland
 
     
  Symposium on Financing a Green Economy at the United Nations Environment Assembly
25 June, 2014
Nairobi, Kenya
 
     
  United Nations Environment Assembly
23-27 June, 2014
Nairobi, Kenya
 
     
  Global Roundtable

12-13 November, 2013
Beijing, China
 
     
  » All Events  
 Training & Tools
  Environmental & Social Risk Analysis Online Course
27 October, 2014 -14 November, 2014
Language: Spanish
3 - 21 November, 2014 Language: French
10 - 28 November, 2014 Language: English
 
     
  Banking Guide

28 September, 2014
version
 
     
  Human Rights Guidance Tool for the Financial Sector
29 October, 2011
version
 
     
  » All Events  

UNEP FI Initiatives
  Principles for Sustainable Insurance

  Natural Capital Declaration

  Sustainable Stock Exchange Initiative Link to SSE Website

UNEP FI Partners

Principles for Responsible Investment Link to PRI Website

Stability & Sustainability in Banking Reform: Are Environmental Risks Missing in Basel III?

16 October, 2014

Developed in partnership with the Banking Environment Initiative/BEI (an Initiative convened by the University of Cambridge Institute for Sustainability Leadership /CISL) and supported by Bloomberg LP.
This study explores the role that financial – and in particular banking – regulation can play in the transition to a green economy. In particular it analyses whether the Basel Capital Accord (‘Basel III’) adequately addresses systemic environmental risks in the context of its overriding objective of banking stability.
View the Report
View the Executive Briefing

 

Launch of the Sustainable Stock Exchanges 2014 Report on Progress

14 October, 2014

The Sustainable Stock Exchanges 2014 Report on Progress was launched at the Global Dialogue in Geneva on 14 October. The report containing a review of sustainability initiatives at 55 exchanges found substantial progress, engagement, and a set of emerging best practices among exchanges regarding promotion of sustainability reporting and sustainable business practices more generally. However, it also recognized clear potential for the sector to do more. The report notes that many developments in the policy and regulatory landscape have been supportive of late, and highlights practical measures that policy makers and stock exchanges can take to promote sustainability, even in the face of systemic obstacles to sustainable capital markets. View the press release and the report.

 

Commitment to decarbonize USD 100 billion of investment

23 September, 2014

A group of leading institutional investors - including two of the largest asset managers, and pension funds in Europe - have joined forces with the United Nations Environment Programme and its Finance Initiative (UNEP FI), to substantially reduce the carbon footprint of USD100 billion of institutional investment worldwide. Institutional investors are owners of large segments of the global economy. Therefore, it is expected that having a critical mass of them decarbonize their portfolios will send a strong and unequivocal signal to carbon-intensive companies that carbon-efficiency is now center-stage. Achim Steiner, UN Under-Secretary-General and Executive Director of UNEP said, “Institutional investors often have long-term investment horizons and are diversified across the economy. They have an interest in the long-term stability of the whole system rather than the short-term performance of individual market actors. That is why avoiding disruptive climate change, a truly systemic threat, is of such intrinsic interest to them.”
View the Press Release and the Coalition's flyer.

 

World's leading institutional investors managing USD 24 trillion call for carbon pricing, ambitious global climate deal

18 September, 2014

Today, more than 340 global institutional investors representing over USD 24 trillion in assets issued a Global Statement calling on government leaders to provide stable, reliable and economically meaningful carbon pricing that helps redirect investment commensurate with the scale of the climate change challenge. The Statement was coordinated by UNEP FI in collaboration with Principles for Responsible Investment (PRI), Ceres' Investor Network on Climate Risk (INCR) in the United States, the European Institutional Investors Group on Climate Change (IIGCC), the Investors Group on Climate Change (IGCC) in Australia and New Zealand and the Asia Investor Group on Climate Change (AIGCC). Achim Steinter, UN Secretary- General and Executive Director of the UN Environment Programmed said, "The perception prevails that we need to choose between economic well-being or climate stability. The truth is that we need both. What is needed is an unprecedented re-channeling of investment from today's economy into the low-carbon economy of tomorrow. Investors are owners of large segments of the global economy as well as custodians of citizens' savings around the world. Having such a critical mass of them demand a transition to the low-carbon and green economy is exactly the signal Governments need in order to move to ambitious action quickly."

A report on Financial Institutions Taking Action on Climate Change was also launched. The report highlights examples of action being taken by investors to support a low carbon, climate resilient economy.
View information on the Statement and report at www.investorsonclimatechange.org.

 

UN and World’s Insurers Unite to Tackle Natural Disaster Risk

27 June, 2014

Today the PSI Initiative launched the Global Resilience Project, which aims to tackle natural disaster risk by identifying the most effective measures to combat disasters and helping communities implement them. Led by Insurance Australia Group, the PSI Global Resilience Project has just completed its first phase. This assessed the effectiveness of a range of disaster risk reduction measures across the three most devastating types of natural hazard—cyclone, earthquake and flood. The findings are outlined in a new report, Building disaster-resilient communities and economies. Achim Steiner, Executive Director of the United Nations Environment Programme (UNEP) and Under-Secretary-General of the UN said, “As we transform the global economy into one that is low-carbon, resource-efficient and socially inclusive – a key topic under discussion this week at the first United Nations Environment Assembly in Nairobi as we look for ways to bring in more capital investment to finance this transition – we must also adapt and invest in making our communities and economies climate and disaster-resilient. The Principles for Sustainable Insurance Initiative harnesses the wealth of risk management expertise in the insurance industry and is putting it to work to find solutions for global sustainability challenges.” The global report was presented at a UN event in London convening insurance industry leaders and key stakeholders. Read the press release. View the report (launch version) (PDF 7.2 MB). More information here.

 

Second year anniversary of the launch of the Principles for Sustainable Insurance

25 June, 2014

Message from the UNEP Executive Director (June 2014)

 

Symposium on Financing a Green Economy

25 June, 2014


Against the backdrop of the inaugural United Nations Environment Assembly, the Symposium on Financing a Green Economy was held on 25 June 2014, to discuss the critical importance of financing in enabling the transition to a green and inclusive economy. In particular the focus of the Symposium was on the rules, policies, regulations, and standards necessary to shape the financial system and drive the allocation of capital. More information here. Read the UNEP news release.

 

Demystifying Climate Change to the Financial Community

24 June, 2014

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 Report View the Press Release

 

Integrated Governance – A new model of governance for sustainability

16 June, 2014

Integrated Governance – A new model of governance for sustainability was launched today at the margins of the International Corporate Governance Network’s (ICGN) Annual Conference. The report by UNEP FI outlines a new model of corporate governance for sustainability and was developed in consultation with leading governance experts from Harvard Business School and UNEP FI’s Asset Management Working Group (AMWG).
View the Report View the Press Release View the Presentation slides

 

Sustainability Metrics: Translation and Impact on Property Investment and Management

7 May, 2014

Today in London, UNEP FI launched the publication Sustainability Metrics: Translation and Impact on Property Investment and Management. Led by the Property Working Group of UNEP FI and developed by the Centre for Real Estate at the Karlsruhe Institute of Technology (KIT), the report was brought about through the support of RICS, the Principles for Responsible Investment (PRI) and the Institutional Investors Group on Climate Change (IIGCC).
The report provides a framework for a corporate real estate sustainability management (CRESM) system for property investment and management organisations, and offers a pragmatic three level approach (corporate, portfolio and single building level) that aims to help the industry manage the complexity of sustainability metrics and to organize information flows more efficiently.
View the Report, Japanese version
View the Executive Summary
View the Press Release View the Flyer View the Event Page

 

United Nations Agencies and the Private Sector Partner to Highlight Progress for REDD+ Implementation in Asia

6 May, 2014

United Nations (UN) agencies and the private sector convened on the 5th and 6th of May 2014 at the Forests Asia Summit in Jakarta to promote reducing emissions from deforestation and forest degradation (REDD+) as part of a green economy. The United Nations Office for REDD+ Coordination in Indonesia (UNORCID), the UN-REDD Programme, United Nations Environment Programme (UNEP) and UNEP FI jointly hosted two REDD+ related events at the summit entitled ‘Building natural capital: How REDD+ can support a green economy’ and ‘Seeing Green in REDD – Sharing experiences on the equity and economics of REDD+ pilot projects’. View the Press Release. More information here.

 

How to Drive New Finance for Energy Efficiency Investments

15 April, 2014

The latest report by the Energy Efficiency Financial Institutions Group (EEFIG) titled Energy Efficiency - The First Fuel for the EU Economy. How to Drive New Finance for Energy Efficiency Investments was launched in Brussels today. The interim report of the group co-convened by the European Commission / Directorate-General for Energy Energy and UNEP FI focuses on the financing of energy efficiency in buildings in the European Union. The report is organised around the drivers of both supply and demand for financing of projects, the policy-led and market-led approaches and instruments to stimulate more investments in energy efficiency in buildings, as well as some interim recommendations to policy-makers. The report was launched in tandem with the European launch of the publication Commercial Real Estate: Unlocking the Energy Efficiency Retrofit Investment Opportunity, a report by the Property Working Group of UNEP FI. View the report here. See the event page here.

 

Energy Efficient Measures in Building Retrofits Can Deliver Increased Profits and Address Climate Change

26 February, 2014

Energy efficient buildings can deliver up to 20 per cent reduction in energy consumption and provide an overall better market value for investors, says a new report, Commercial Real Estate: Unlocking the Energy Efficiency Retrofit Investment Opportunity, by the UNEP Finance Initiative. Buildings account for approximately a third of the world's energy consumption and global greenhouse gas emissions, and are a high-impact sector for urgent mitigation action on climate change.
"As building owners and operators, real estate professionals have an opportunity to reduce energy consumption and greenhouse gas emissions while increasing the value of their real estate assets," said Charles Anderson, Director, UNEP Finance Initiative. "The paper strives to show investors that there are options available for all property mixes, and that possessing and managing the right information is crucial to unlocking the energy efficiency retrofit potential."
Read the publication. Japanese version.
View the press release here. See the event page here. Further briefings on the report will be held on: 10 April in Vancouver (more information) 15 April in Brussels (more information)

 

Former CEO to Steward UNEP’s Financial Partnership

24 February, 2014

Charles Anderson, former CEO of Sovereign, New Zealand’s largest life and health insurance business, has joined UNEP to head up its Finance Initiative. Mr. Anderson has more than 30 years of experience in the financial sector and has played key leadership roles in integrating Environmental, Social and Governance concerns into the private sector. As CEO of Sovereign, he was active in the global process that produced the landmark Principles for Sustainable Insurance (PSI) launched at Rio+20 by UNEP FI. Previously he worked at Aviva as Managing Director for Asia Pacific and was an Associate of UK based Leader’s Quest, a not-for-profit promoting social change. He has also served as a Board member of the New Zealand Council for Sustainable Business Development and as Deputy Chair of the Financial Services Council in New Zealand. David Pitt-Watson, Co-Chair of UNEP FI, said, "We are delighted to have Charles as our new director at this critical time. Over the coming months world leaders are engaged in intense discussions to reach agreement on how we secure a framework for the sustainable development of the planet. We all recognize that the purpose of the finance industry is to fund that development. As policy makers and as financiers we face a huge challenge, and a huge opportunity. UNEP FI’s unique partnership is precisely the sort of organization which can address that challenge and respond to the opportunity”. View the press release here. Read Charles' Bio here.

 

 



Videos
  Global Roundtable: Beijing 2013
Featured Publications
  PDF Stability & Sustainability in Banking Reform: Are Environmental Risks Missing in Basel III?
(1.9 MB | 40 pages)
 
    
  Analyses whether and how Basel III addresses systemic environmental risks.
Executive Briefing French Portuguese Spanish version
 
     
  PDF The Portfolio Decarbonization Coalition
(103 KB | 2 pages)
 
    
  Mobilizing financial markets to catalyze economic decarbonization
Press release
 
     
  PDF Financial institutions taking action on climate change
(1.2 MB | 36 pages)
 
    
  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  
     
  PDF Global investor statement on climate change
(188 KB | 4 pages)
 
    
  Signed by 347 investors representing more than US $24 trillion in assets  
     
  PDF Harnessing the full potential of the insurance industry in disaster risk management
(470 KB | 4 pages)
 
    
  An insurance industry commitment in support of the process to develop the Post-2015 Framework for Disaster Risk Reduction  
     
  PDF The PSI Global Resilience Project: Building disaster-resilient communities and economies
(3.9 MB | 82 pages)
 
    
  Part one of a research series by the UNEPFI-PSI  
     
  PDF Climate Change: Implications for Investors and Financial Institutions
(1.2 MB | 16 pages)
 
    
   
     
  PDF Integrated Governance – A new model of governance for sustainability
(3.1 MB | 64 pages)
 
    
  Outline of a new model of corporate governance for sustainability
Press Release
Slides
 
     
  PDF Sustainability Metrics: Translation and Impact on Property Investment and Management
(5.5 MB | 111 pages)
 
    
  A report on how property managers and investors can use sustainability metrics in their decisions.
Japanese version
Executive Summary
Press Release
Flyer
Event Page
 
     
  PDF Energy Efficiency – the first fuel for the EU Economy
(1.5 MB | 50 pages)
 
    
  How to drive new finance for energy efficiency investments  
     
  PDF Commercial Real Estate: Unlocking the energy efficiency retrofit investment opportunity
(670 KB | 32 pages)
 
    
  A briefing on why investors should invest in retrofit opportunities.
Japanese version
Press release
Event page
Webinar
 
     
  PDF Stimulating Interim Demand for REDD+ Emissions Reductions
(570 KB | 50 pages)
 
    
  Report from the Interim Forest Finance Project outlining options for increasing demand for emission reductions  
     
  PDF Insuring Climate Resilience
(2.2 MB | 32 pages)
 
    
  A global industry survey on how to mobilise climate insurance for vulnerable communities  
     
  MoreAll Publications