07 March 2023Climate Change, Publications, Risk, TCFD
News
TNFD releases first beta version of framework for market consultation
The Taskforce on Nature-Related Financial Disclosures (TNFD) today released its beta framework – the first integrated approach to incorporating nature-related…
Insurers begin long countdown to net zero (Environmental Finance)
The insurance industry took its biggest step towards decarbonisation with launch of the Net-Zero Insurance Alliance (NZIA) in July 2021. Some of the world's biggest insurers have now joined. The NZIA arguably has the potential to be more influential than its investor counterparts in encouraging change among high-emitting companies. Without insurance, companies cannot function.
NZBA responds to recent research on fossil fuels, coal
Recent research has outlined perceived inconsistencies between the requirements of the Alliance commitment and the activities of its members. The NZBA wishes to reflect the highest level of ambition in its practices even as it balances that ambition against the pragmatic concerns of our current global economy, and so would like to provide more detail on how it is approaching these issues.
What conclusions should financial institutions take from the latest IPCC report?
This week the Intergovernmental Panel on Climate Change (IPCC) launched the second part of its 6th Assessment Report, drawing on…
Diving deep: new guidance on finance, ocean pollution, plastics and coastal resilience
New guidance launched today by UNEP FI provides banks, insurers, and investors with a science-based, actionable toolkit to align their…
Getting Started in Responsible Banking: An introduction to Key Concepts, Practices and the PRB for Thai banks
Through this webinar, Thai banks will get to know more about the PRB and how it fits into the fast-evolving sustainable finance global landscape to provide insights into how it can be used to further develop and strengthen sustainable banking strategies.
Testing the TNFD: Learnings from soy supply chains
A new report from UNEP FI and Global Canopy identifies key challenges that corporates and financial institutions face in assessing,…
UNEP FI responds to Basel Committee on Banking Supervision consultation on its principles for management and supervision of climate-related financial risks
At UNEP Finance Initiative, we believe that the financial sector has a central role to play in managing climate risk…
UNEP FI and EBF outline practical approaches to applying EU Taxonomy to bank lending
UNEP FI and the European Banking Federation have launched a report, “Practical approaches to applying the EU Taxonomy to bank…
One year on from commitments on adaptation: lack of risk data and standards delaying progress
In January 2021, UNEP FI and the Global Commission on Adaptation (GCA) came together with ten financial institutions from across banking and investment to commit to disclosing their risks from the physical impacts of climate change. UNEP FI’s Paul Smith reviews the progress made by the group, explains the importance of this commitment, and the issues facing financial institutions trying to accurately disclose their physical risk.
