07 March 2023Climate Change, Publications, Risk, TCFD
Top News
Banks are finally out of the blocks in the race to net-zero – Eric Usher on Financial News
The financial sector is finally picking up the pace in its response to the climate emergency. Central banks are taking steps to better assess climate-related risks, and asset managers responsible for over a third of the world’s assets, including giants like Vanguard and BlackRock, committed to set a net zero path.
Climate Change, Investment, News | 20 May 2021
New ICAP framework drives investor action on climate crisis, accelerating transition to net-zero
The founding partners of The Investor Agenda released today a new tool to enable institutional investors to step up action…
Banking, Climate Change, Net Zero Banking, News | 21 April 2021
43 banks launch Net-Zero Banking Alliance as key part of consolidated Glasgow COP climate action
Geneva, Wednesday 21 April. Today, on the eve of President Biden’s Head of State Climate Summit, Mark Carney (the UK…
Asset Owner Alliance, Climate Change, News | 21 April 2021
Net-Zero Asset Owner Alliance more than triples membership to 37 since 2019 launch
21 April 2021 – The United Nations-convened Net-Zero Asset Owner Alliance today announces a tripling in membership from its launch…
12 leading organisations appointed to Civil Society Advisory Body of the Principles for Responsible Banking
Composed of 12 leading organisations, the the Civil Society Advisory Body of the Principles for Responsible Banking is a unique, first-of-its-kind forum for constructive and meaningful engagement between wider civil society and the collective banking industry.
Blue Finance, Nature, News | 02 March 2021
How to Finance a Sustainable Ocean Recovery – Seminal New Guidance Published
New practical guidance enables banks, investors and insurers to understand their impact on ocean health and immediately take action to accelerate the transition to a sustainable blue economy. Leveraging best practice based on input from more than 50 pioneering institutions and experts, this guidance sets out pathways to sustainable growth across five key ocean sectors, chosen for their established connection to private finance. It presents a detailed breakdown of which activities to seek out as best practice, which activities to challenge, and which activities to avoid financing completely due to their damaging nature.
Banking, Climate Change, News, TCFD | 17 February 2021
Critical tools and recommendations for managing the climate transition for the banking industry
Geneva, 17 February 2021 – Transition risk poses a significant near-term threat to the economy. This is one of the…
Banking, Europe, News | 26 January 2021
26 banks test the application of the EU Taxonomy to core banking products
UNEP FI and the European Banking Federation (EBF) have launched a unique report assessing the extent to which the EU…
Adaptation Finance, Climate Change, News, TCFD | 25 January 2021
Ten UNEP FI members call on governments to step up on adaptation finance, make climate risk reporting commitments
Ten UNEP FI members are calling for greater action to boost adaptation finance and have made commitments on climate risk reporting. At the Climate Adaptation Summit 2021, the leading financial institutions delivered a statement calling for greater action on assessment, reporting and management of the physical risks of climate change, and asking policy makers to deliver mandatory disclosure requirements on climate risk.
Africa & Middle East, Climate Change, News, Policy | 20 January 2021
New report sheds light on sustainable financing in Arab region and provides policy recommendations
A new report provides the first in-depth analysis of sustainable finance practices in a part of the world most vulnerable to the effects of climate change: the Arab region. Issues such as water scarcity, rising sea levels, drought, land degradation and desertification will have serious repercussions for food, energy and water security in this area. Implementing the Sustainable Development Goals – in particular those that help deal with the interlinked water-energy-food challenges – will be key to build resilient, fairer economies.
