News

Sustainable Blue Finance: from guidance to practice

This event aims at showcasing the practical actions taken by financial institutions towards implementing the Sustainable Blue Economy Finance Principles and associated Turning the Tide Guidance. Four leading institutions engaging with sustainable blue finance will introduce a case study ahead of a live Q&A session.

Net-Zero Banking Alliance passes the 100-member mark

In January 2022, the Net-Zero Banking Alliance achieved a critical milestone as it welcomed the 100th signatory to its net-zero commitment. The NZBA now consists of over 100 members, representing 40 countries and over 43% of global banking assets.

UNEP in Capital Monitor: Banks sharpen focus on financial education

With reporting on climate goals well under way, lenders are starting to develop targets for the social pillar of their ESG strategies. Financial inclusion and, increasingly, financial health are focus areas. So far, 28 banks have signed up to a new UN Environment Programme Finance Initiative to promote universal financial inclusion and health. Data collection is a key challenge in this area, and something banks such as ING are working on. With fintech firms and challenger banks making inroads in the sector, established lenders must innovate to stay relevant.