07 March 2023Climate Change, Publications, Risk, TCFD
Publications
Sector Action Guidance for Nature: Getting Started in the Agricultural, Forestry and Mining Sectors
UNEP FI's new Principles for Responsible Banking (PRB) guidance, Sector Action Guidance for Nature: Getting Started in the Agricultural, Forestry and Mining Sectors, aims to translate the recommendations from the PRB Nature Target Setting Guidance into practical, sector-specific actions. Developed in partnership with The Biodiversity Consultancy (TBC), this new PRB Sector Guidance makes explicit the specific priority actions banks can support clients to take in high impact sectors such as mining, agriculture and forestry, and is aimed to empower banks in their risk mitigation efforts across six key commodities, namely bauxite, copper, cattle, wood, soy and palm oil.
Nature in the Boardroom
This report offers guidance to help boards of financial institutions navigate complexities by providing a clear approach for identifying, managing, and reporting on nature-related risks and opportunities, enabling integration into governance and strategic decision-making. Recent research shows that 85% of the world’s largest companies depend on nature, yet only 2% have boards with relevant expertise. Protecting nature can safeguard businesses and open new opportunities, and this report includes a blueprint outlining key actions to integrate nature-related considerations into executive leadership.
From Kunming-Montreal to Cali: Is the Financial System on Track?
The Kunming-Montreal Global Biodiversity Framework (GBF) provided clear marching orders to align financial flows with the aim of halting and reversing nature loss. Since it was adopted at CBD COP15, various actors within the financial system—governments, central banks, private and public institutions—have further incorporated nature and biodiversity into financial decision-making, including nature-related risk assessment and sustainable investment strategies. This briefing note provides a summary of how the financial system has responded to the GBF over the past two years, following the High-level roadmap: Aligning financial flows with the Kunming-Montreal Global Biodiversity Framework.
Finance for Nature Positive Discussion Paper
Led by UNEP FI and the Finance for Biodiversity Foundation, this discussion paper intends to solicit feedback from the financial sector on a proposed Finance for Nature Positive working model, including definitions and associated practices. It aims to help operationalize the “Nature Positive” concept for the private financial sector.
G20 Recommendations: Advancing a Nature-Positive Economy and Just Transition
G20 countries play a pivotal role in the transition to a just and sustainable economy as they represent 85% the…
Setting Sail: Target setting in the Sustainable Blue Economy
Through the Sustainable Blue Economy Finance Initiative’s Seafood Finance Working Group, co-convened with WWF, UNEP FI has developed this manual…
Accountability for Nature: Comparison of Nature-related Assessment and Disclosure Frameworks and Standards
This report provides an overview of the key methodological and conceptual trends among the private sector assessment and disclosure approaches on nature-related issues.
Insights into UNEP FI’s TNFD pilots
This report outlines the valuable insights gained and significant findings obtained from a global pilot project initiated by UNEP FI in conjunction with 20 financial institutions.
Engaging Private Finance in the NBSAP Review and Implementation: Sign Posts for Policymakers
The Kunming-Montreal Global Biodiversity Framework (GBF) calls for a whole-of-society approach to halting and reversing nature loss. UNEP FI and UNDP…
PRB Nature Target Setting Guidance
This guidance aims at helping the banking industry align with the Kunming-Montreal Global Biodiversity Framework (GBF) and address the critical issues of nature and biodiversity loss.