IFC, ICMA, UNGC, UNEP FI, and ADB Announce Coalition to Support the Blue Economy

On the sidelines of the UN Ocean Conference in Lisbon, IFC, a member of the World Bank Group, together with four of the top international organizations have announced their commitment to develop guidelines that would provide the global market consistency and transparency in financing the blue economy. IFC, the International Capital Markets Association (ICMA), United Nations Global Compact, United Nations Environment Program Finance Initiative (UNEP FI), and the Asian Development Bank (ADB) are partnering to develop a global practitioner’s guide for bonds to finance the sustainable blue economy. It will aim…

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Centre for Sustainable Finance collaborates with UNEP FI on enhanced climate risk assessment frameworks and leadership strategies for client engagement

In collaboration with United Nations Environment Programme Finance Initiative (UNEP FI), the University of Cambridge Institute for Sustainability Leadership (CISL) worked with a consortium of banks and investors to assist them in implementing the TCFD framework and issuing meaningful climate disclosures. The projects look to drive impacts through enhanced climate risk assessment frameworks and by client-facing staff in financial institutions being better equipped to have meaningful dialogues with real economy companies. Together, these contribute to mobilising capital towards sustainable outcomes and accelerating the transition to a net zero economy. Bringing…

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