Chris Hall

JULY 1, 2022

Sustainable finance, until recently still a niche activity, is now a mainstream strategic consideration for banks, asset managers and insurers. Usher says asset managers are not alone; many members of the Net Zero Banking Alliance have taken a similar view, choosing to side with management on climate for the time being. Race to zero.

Net Zero

Sustainable Development Network

DECEMBER 21, 2021

SDSN had a busy 2021 where a number of our networks, programs, and teams supported the progress towards achievement of the Sustainable Development Goals (SDGs) and the Paris Climate Agreement. The 2021 Networks in Action report, launched in November, features all the major accomplishments of these national, regional and thematic networks.

COP26

ESG Today

JUNE 7, 2023

Spanish insurance company MAPFRE announced today that it has decided to discontinue its membership in in the Net-Zero Insurance Alliance (NZIA), marking the latest in a string of major insurers exiting the UN Environment Program (UNEP)-backed climate action-focused industry group.

Net Zero

Chris Hall

MARCH 15, 2024

Alliance extends net zero targets to capital markets activities, as frameworks provide more tailored approach for banks’ transition strategies. The second of the four guidelines requires banks to establish an emissions baseline and annually measure and report the emissions profile of loans and investments. billion from Barclays.

Net Zero

3BL Media

JULY 25, 2023

The findings are based on an examination of nearly 500 publicly available insurance company responses to the National Association of Insurance Commissioners’ (NAIC) 2021 Climate Risk Disclosure Survey, which implemented Task Force on Climate-related Financial Disclosures (TCFD) recommendations for the first time. ET Thursday, July 27.

Climate Change

Sustainable Development Network

JULY 19, 2021

Representatives from international organizations and multilateral development banks shared their views on how the concept of multidimensional vulnerability and associated measurement tools can help support better resource allocation and help strengthen resilience and emergency response in the context of SIDS.

Development

3BL Media

FEBRUARY 11, 2025

In 2021, the Cisco Foundation made a bold commitment to address the climate crisis, pledging $100 million over 10 years to fund innovative climate solutions. billion in 2021 to $45.6 billion in 2024, as companies transition from venture capital to bank loans and other funding sources ( Net Zero Insights ). billion ( Pitchbook ).

Regenerative

Chris Hall

SEPTEMBER 20, 2024

Every year more than 2 billion tonnes of municipal solid waste (MSW) is produced across the planet, as shown in the UN Environment Programme’s (UNEP) Global Waste Management Outlook 2024. Launched in 2021, it is a multi-thematic Article 9 fund, meaning it has distinct sustainability objectives. billion tonnes.

Waste

Chris Hall

FEBRUARY 8, 2022

Financial institutions still don’t have expertise to handle net zero transition, according UNEP FI-backed report. The qualification was subject to a pilot phase involving candidates across 60 different firms, including asset managers, asset owners, consultants and banks.

Net Zero

3BL Media

DECEMBER 13, 2022

This is unequivocal and unsustainable (IPCC 2021). in 2021 to 10,042 TWh, a new all-time high and 2% above the previous record set in 2018. Currently, humanity uses the equivalent of 1.7 planets to provide the resources needed to produce goods and absorb waste (Global Footprint Network 2020).

Paris Agreement

Chris Hall

APRIL 19, 2023

Other financial institutions that have introduced new policies excluding DSM from financing include Lloyds Banking Group , European Investment Bank (EIB) and Standard Chartered. Global automakers, including Volkswagen, BMW and Volvo have also signed a public statement of support for a moratorium on DSM “as a matter of precaution”.

UNEP

Chris Hall

DECEMBER 18, 2024

The Central Bank of Azerbaijan (CBA) launched a taxonomy standardisation initiative, and in summarising the outcomes of COP29, the United Nations Environment Programme Finance Initiative (UNEP FI) noted the agreement on an urgent need to scale adaptation finance, using concessional finance, metrics and taxonomies in mobilising private investment.

UNEP

Chris Hall

NOVEMBER 10, 2023

There are several financing questions to answer too – areas where developing nations in particular are keen for ‘stories about money’ to transform into cash in the bank. A 2021 paper by the BlackRock Investment Institute opined that the US$100 billion financing target for developing market transition was “not sufficient”.

UNEP

Chris Hall

DECEMBER 1, 2022

Because of their multiple benefits, investments in NbS would represent “good value for money” at a time of global macroeconomic uncertainty, said Ivo Mulder, Head of the Climate Finance Unit at the UN Environment Programme (UNEP). . Where finance flows, action follows,” she said, adding: “Where finance flows lag, commitments wither.” .

UNEP

Chris Hall

DECEMBER 13, 2023

The topic was a focus of high-level talks during COP28’s Finance Day with former Brazil premier Dilma Roussef, President of New Development Bank, talking about the importance of deepening local currency capital markets to lower the cost of capital for organisations on the ground.

UNEP

Chris Hall

JANUARY 31, 2023

This view is shared by a group of ESG experts, including famed lawyer Paul Watchman and former UNEP Finance Initiative Head Paul Clements-Hunt, who recommend the adoption of a more punitive regulatory regime for greenwashing offences and a feasibility study into the potential of stand-alone greenwashing legislation.

Greenwashing

Sustainable Development Network

MAY 18, 2023

The first report of the SPA, launched in 2021 at the COP26 in Glasgow, is the most in-depth and holistic report of its kind on the Amazon. PROJECT ASSISTANT ROLES AND RESPONSIBILITIES The Consultant will Development and implementation a strategy for dialogues with development banks and financial institutions. Analyze data.

Banking

Chris Hall

MARCH 22, 2023

In 2021, global EV sales more than doubled to 6.6 China made up a huge portion of these sales, almost tripling sales volumes in 2021 to reach 3.4 million, representing nearly 9% of the overall market, according to the International Energy Agency (IEA). million units.

Supply Chains

Chris Hall

DECEMBER 1, 2023

The FfB Foundation was set up in March 2021 after the launch of the FfB Pledge in the previous year, which currently has 153 signatories across 24 countries with a collective US$22.6 trillion in AUM.

UNEP

Chris Hall

MAY 11, 2022

In 2005, a group of investment managers organised under the UN Environment Programme Finance Initiative (UNEP FI) commissioned law firm Freshfields Bruckhaus Deringer to publish a report , ‘A Legal Framework for the Integration of ESG Issues into Institutional Investment’. How does fiduciary duty relate to sustainable investment?

UNEP

Chris Hall

OCTOBER 10, 2022

GFANZ was launched in April 2021 and has more than 500 members across its member alliances. Carney was responding to questions from Eric Usher, Head of the UN Environment Programme Finance Initiative (UNEP FI), about his expectations from members of alliances under the GFANZ umbrella which have not set decarbonisation targets for 2025.

Net Zero

Chris Hall

MARCH 9, 2022

trillion by doing so, according to a World Bank report. Extreme climate-related events can reduce a property’s value by between 5-20%, according to the UN Environment Programme Finance Initiative (UNEP FI). Last year, UNEP FI published guidance outlining the kinds of resilient buildings needed to cope with new climate extremes.

UNEP

Chris Hall

MARCH 7, 2022

The new framework follows a 2021 F4B report which outlined how climate-nature interactions will determine the attractiveness of prospective investments in the future. The F4B framework has been designed for financial institutions, but it can also be adopted by corporates looking to disclose a broader range of environmental risks and impacts.

Net Zero

Envirotec Magazine

OCTOBER 19, 2021

The economic consequences of the COVID-19 pandemic caused CO2 emissions from buildings and construction to fall significantly in 2020, but a lack of real transformation in the sector means that emissions will keep rising and contribute to dangerous climate change, according to the 2021 Global Status Report for Buildings and Construction.

Paris Agreement

Chris Hall

APRIL 5, 2022

billion Recovery and Resilience Facility (RRF) , which has dedicated 37% of its funds to climate-related expenditure between 2021-27, but the rest must come from investors, Moody’s said. . Part of this investment will be met by the EU’s €672.5

Net Zero

Chris Hall

JUNE 21, 2023

But it does have credit in the bank. “The GFANZ was launched in April 2021 to unite financial institutions and accelerate net zero transition progress. The UN does a good job of accounting for different governmental interests through a structured forum and ultimately producing joint agreements,” Thomae says.

Net Zero

Chris Hall

AUGUST 30, 2023

Further, a recent report by the UN Environment Programme (UNEP) and the Sabin Center for Climate Change Law at Columbia University, showed that climate litigation is becoming an integral part of securing climate action and justice.

Climate Change

Chris Hall

MARCH 18, 2022

This expert group includes representatives from the UNEP World Conservation Monitoring Centre, standard setters EITI and SASB, and investment institutions FTSE Russell and S&P Global. Normative , a?

Net Zero

Chris Hall

MARCH 15, 2023

In 2021, Fidelity International conducted 198 engagements (14% of total engagements for the year) related to nature, including biodiversity, waste management and water usage.

Net Zero

Sustainable Development Network

OCTOBER 28, 2022

SDSN is proud to have contributed to Chapter 6 "Transforming food systems" of UNEP's 2022 Emissions Gap Report thanks to our FABLE Consortium scientific director Aline Mosnier. Mobilize central banks: central banks are increasingly interested in addressing the climate crisis, but more concrete action on regulations is needed.

UNEP

Envirotec Magazine

MAY 26, 2023

A 2022 report from the World Bank estimated that the global health cost of mortality and morbidity caused by exposure to fine particulate matter air pollution in 2019 was $8.1 Source: The first global assessment of air quality legislation, UNEP. Air Pollution: A Case for Action Beyond 2021. World Bank. Accessed 03.03.23

UNEP

Chris Hall

JUNE 1, 2022

Just prior to COP26, the UN Environment Programme (UNEP) launched the International Methane Emissions Observatory (IMEO) to improve the accuracy and public transparency of human-caused methane emissions. The signatories recognised that rapid action on methane is an essential complement to cuts in CO2 and other greenhouse gases (GHGs).

Paris Agreement

Corporate Knights

AUGUST 29, 2024

Dasgupta carried out a review for the UK government in 2021 into the economics of biodiversity, which similarly advocates for measuring national inclusive wealth instead of national income. Inclusive wealth is measured by both the World Bank and UN Environment Programme (Unep). The discrepancies relate mainly to natural capital.

UNEP

GreenBiz

MARCH 22, 2021

Mon, 03/22/2021 - 00:30. Environment Program Finance Initiative (UNEP FI), have highlighted the importance of redefining fiduciary duty, in order to stimulate long-term sustainable growth and the economic health of companies. Realizing the full potential of stakeholder capitalism. Michael Wilkins.

Value Creation

Chris Hall

MARCH 29, 2022

Leading US banks and insurers will face votes at their upcoming AGMs asking for policies aligned with the International Energy Agency’s (IEA) net zero roadmap , after challenges to shareholder resolutions were rejected. . Regulator refuses requests for no-action relief against shareholder resolutions calling for IEA alignment. .

Net Zero