G20 Energy Efficiency Finance Task Group (EEFTG) 2016 Activity Report

In 2016, G20 nations adopted a new long-term strategy for energy efficiency, the Energy Efficiency Leading Program, emphasizing the key role of finance. The topic was also highlighted in the Leaders Communiqué and embedded in the Synthesis Report of the G20 Green Finance Study Group. In parallel, through the mobilisation launched by UNEP FI, $4 […]

Global stocktaking: How banks finance energy efficiency?

As part of the Secretariat of the G20 Energy Efficiency Finance Task Group and the only representative of the private financial sector there, UNEP FI has been leading a global mobilization on energy efficiency finance since COP 21. Currently close to 120 banks from over 40 countries have endorsed the Statement of Financial Institutions on […]

PDC to award research prize on aligning investment portfolios with a low carbon economy

Investors and financial regulators are increasingly aware of the risks associated with a changing climate. In a recent speech to the insurance industry, the Governor of the Bank of England warned of huge losses faced by investors exposed to these risks. These risks are twofold. Firstly, there are those posed by climate change itself, through […]

New Report: Head of UNEP calls for scaled-up renewable energy in Africa at launch

Smart public policies are key to powering up sub-Saharan’s Africa’s clean energy potential, said the head of UNEP Achim Steiner while unveiling UNEP FI’s latest report in Nairobi Tuesday. Financing Renewable Energy in Developing Countries: Drivers and Barriers for Private Finance in sub-Saharan Africa outlines how current obstacles to renewable energy solutions in Africa can […]