Partnership between United Nations Environment and the global financial sector to promote sustainable finance
5 April 2018
In line with one of the proposed Ghana Banking principles of promoting customers to integrate Environmental Social Governance (ESG) in their business, UNEP FI through colleagues at the Partnership for Action on Green Economy (PAGE) is undertaking a study to assess the level of integration of sustainability in the business sector’s operations, value chains and […]
14 February 2018
Jan 2018 | San Salvador, El Salvador
We are pleased to announce the joining of two new banks to the Initiative.
Banco Hipotecario and Banco de Fomento Agropecuaria held events during January of this year to mark their commitment to sustainable finance.
27 November 2017
27 November, 2017 UNEP FI is very pleased to welcome CIS Kenya, a leading credit-focused association, as a supporting institution. Chief Executive Officer Jared Getenga said, “There is no question on who should join the Sustainable Finance Initiative, we should look at it as a matter of when. All businesses have to calculate risks, […]
10 November 2017
Former Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), Christiana Figueres, laid down a challenge to the banking industry during UNEP FI’s recent Europe Roundtable when she joined as a surprise guest via live video conference. Christiana, who was one of the architects of the Paris Agreement reached at COP21 in […]
26 September 2017
26 September 2017 We are pleased to announce that UNEP FI member, BBVA Group, is the latest to join UNEP FI’s first-mover project to implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) along with thirteen other leading banks. In collaboration with the pilot project group, they will jointly pioneer practical approaches […]
7 September 2017
September 2017 What does a sustainable bank look like and what role can each department play to further integrate sustainability across a bank? The UN Environment Finance Initiative’s (UNEP FI) Guide to Banking and Sustainability – Edition 2 is a functional overview of what a sustainable bank looks like and is designed […]
4 September 2017
5 September, 2017 We are pleased to announce that UNEP FI member, Rabobank, is the latest to join twelve other first-mover banks working together to implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). The leading Dutch Bank has already halted financing of unconventional energy extraction such as shale gas, and no […]
7 August 2017
31 July 2017 We are pleased that UNEP FI member, DNB, has become the twelfth leading bank to join our pilot project to implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). This follows the announcement in early July that eleven of UNEP FI’s banking members not only welcomed the recommendations but […]
11 July 2017
31 October, 2017: Update – 16 banks now form the UNEP FI TCFD pilot project. 11 July, 2017 Eleven of the world’s leading banks announced on 11 July, 2017 that they will work together with UNEP FI to develop analytical tools and indicators to strengthen their assessment and disclosure of climate-related risks and opportunities. Following […]
2 April 2017
On April 6th, Shinhan Bank launched its ‘Green Management Firm Loan Program’ with the South Korean Ministry of Environment and KEITI, a UNEP FI Supporting Institution. The program allots USD 87 million for Eco-friendly Small and Medium Entersprises, and loans are made with interest rates of up to 1.3% lower that existing programs. This is […]
28 February 2017
An Binh Commercial Joint Stock Bank (ABBANK), the fastest growing retail bank in Vietnam, has become the first UNEP FI member in the country. ABBANK prides itself as one of the first banks to adopt the Bank of Vietnam’s directive to promote green credit growth and manage environmental and social risks in financial operations, […]
30 January 2017
Paris, 30 January 2017
Today, 19 leading global banks and investors totaling $6.6 trillion in assets, launched the Principles for Positive Impact Finance at an event in Paris. The programme of the event is available here.
20 January 2017
On Thursday 19 January 2017, at the World Economic Forum in Davos, UNEP FI member ANT Financial Services and UN Environment launched the ‘Green Digital Finance Alliance’ a ground-breaking initiative to harness digital technologies in catalyzing financing that addresses global environmental challenges. Financing sustainable development is one of the greatest challenge of our times. To […]
13 January 2017
Chinese online payment provider Ant Financial joins UNEP FI Ant Financial Services Group has become the first Fintech company to join UN Environment Programme Finance Initiative’s network ofmore than 200 financial institution signatories. Ant Financial’s signing of the UNEP FI Statement of Commitment by Financial Institutions on Sustainable Development represents the online payments services providers’ recognition of the role of the […]
5 January 2017
On 16 October 2016, the Association of Banks in Jordan (ABJ) joined UNEP FI as a Supporting Institution, becoming the second Banking Association in the region to join under this status. The Association, which is an umbrella to 25 Banks in Jordan, seeks to advance the banking business in the country and plays an active […]
14 December 2016
The Task Force on Climate-Related Financial Disclosures (TCFD) released its draft Recommendations Report in December 2016. The initiative – set up by the Financial Stability Board – will develop voluntary, consistent climate-related financial risk disclosures for use by companies in providing information to investors, lenders, insurers, and other stakeholders. The task force launched a […]
28 May 2016
On 27 May 2016, the Banking Association South Africa (BASA) signed an agreement to join UNEP FI as a supporting partner becoming the first Banking Industry Association in Africa and third globally, to achieve a Supporting Institution Status. This partnership comes in celebration of 15 years of collaboration between UNEP FI and BASA, a collaboration dating […]
14 May 2016
On 12 May 2016, the Union of Arab Banks became the second institution globally and first regionally to join UNEP FI under the Supporting Institution Status. Following the formalization of the partnership agreement under the Supporting Institutions, UNEP FI partnered with the UAB for the 2016 International Arab Banking Summit that took place in Rome […]
10 February 2016
UNEP FI has presented a series of key recommendations to the International Task Force on Climate-Related Financial Disclosures, recently established by the Financial Stability Board (FSB) to enhance climate disclosure practice in line with the requirements of financial actors. Informed by its extensive track record with the financial sector and its expertise on disclosure-related issues, […]