POPULAR CONTENT

News

Making Financial Institutions more Resilient to Environmental Risks: Launch of Drought Stress Testing Tool

In a pilot project on Environmental Stress Testing, the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH and the Natural Capital Finance Alliance (NCFA), have developed an analytical framework and tool that allows banks to quantify and assess the potential impact of drought events on the performance of their corporate loan portfolio. The project has been funded by Germany’s Federal Ministry for Economic Cooperation and Development (BMZ). The tool will be launched at a series of events: 7th March in Mexico City, 10th March in Sao Paulo, Brazil, 14th March in Beijing, China, 17th March in New York, USA and 5th April in London, UK.

ABM is first Latin American Banking Association to become a UNEP FI supporting institution

UN Environment’s Latin America and Caribbean Division is proud to announce that the Association of Mexican Banks (ABM) has joined the UN Environment Finance Initiative as a Supporting Institution - the first Latin American banking association to do so. Recently, ABM has played an exemplary role in leading and encouraging its members to engage on sustainability issues, as well as placing sustainable finance on the stakeholder agenda. The Association will act as a leader of sustainability practices in the banking sector in Mexico and will be an example to the region as a whole. It comprises some 50 institutions with whom it works towards developing and strengthening the Mexican banking sector. It also represents the interests of institutions that are looking to advance technically specialized services, information, and leadership exchanges.

PAGE – Partnership for Action on Green Economy – Ministerial Conference in Berlin

Over 350 ministers, heads of UN Agencies, business and thought leaders, representatives from civil society and development partners will convene in Berlin at the PAGE Ministerial Conference 2017 to discuss what it takes to further a “just transition” to economies which are more inclusive, stable and sustainable. UNEP FI is co-ordinating "green investment" sessions to explore ways in which policymaking could more effectively harness capital markets to set pathways towards low-carbon, resilient and sustainable economies.