Tag: UNEP FI

Revenues for nature announces global effort to unlock private sector finance for nature restoration and conservation

Stuart Mitchell

Following global attention on the urgent need for biodiversity protection during last week’s Biodiversity Day, the Revenues for Nature (R4N) project announces it will be supporting an initial seven models globally designed to unlock up to $200 million investment into nature restoration and conservation. Through working with partners and governments, R4N, aims to demonstrate the replicability and scaling of models and mechanisms that unlock private sector investment, such as mitigation banking, payments for ecosystem services, commodity supply chain financing and more. Achieving global nature goals requires an additional $200 billion…

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New resources to help banks operationalise the links between the circular economy and sustainability impacts

Stuart Mitchell

The UN Environment Programme Finance Initiative (UNEP FI) recently released the first reports in a new series of resources helping banks implement and benefit from the interlinkages between the circular economy and major sustainability challenges of climate change, nature loss, and pollution. Designed for the 300+ signatories of the Principles for Responsible Banking and the wider banking sector, the new resources set out practical guidance to move from target-setting for sustainability objectives to delivering on their commitments. The guidance encourages banks to embed circularity into internal policies and processes, engage…

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Export credit agencies supporting billions in global trade form net-zero alliance

Stuart Mitchell

Eight leading export credit agencies, in partnership with the Innovation and Knowledge Hub at the University of Oxford, Future of Climate Cooperation, and the UN Environment Programme Finance Initiative (UNEP FI) recently launched the UN-convened Net-Zero Export Credit Agencies Alliance (NZECA), the first net-zero alliance comprising public finance institutions globally. In working to deliver net-zero economies by 2050, the NZECA will help decarbonise global trade and facilitate joint action from public and private finance.  The five founding members, together with the three affiliate members, come from geographically diverse regions including…

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

Stuart Mitchell

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

Stuart Mitchell

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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