How can policymakers support finance industry action on net-zero: Providing transparency on sustainable products classification

Financial institutions committing to net zero should appropriately label sustainability-linked products and services as well as disclose their environmental and…

Principles for Sustainable Insurance Initiative Updates from COP28

Throughout COP28, Butch Bacani, PSI Programme Leader, and Brandon Mathews, Global Coordinator for the PSI-managed V20 Sustainable Insurance Facility participated in events…

COP28: High stakes moment for decisive climate action and global cooperation

By Günther Thallinger, Chair, UN-convened Net-Zero Asset Owner Alliance Read media reports from COP28 currently underway in the United Arab…

UNEP FI at COP28: Watch recordings

At COP28, UNEP FI will bring to the attention of policymakers the progress being made by members as they develop the tools and guidance to decarbonize their businesses and implement the commitments they have made through various events.

UNEP FI hosts signing ceremony for six new Principles for Responsible Banking and Net-Zero Banking Alliance signatories

The United Nations Environment Programme Finance Initiative (UNEP FI) hosted a signing ceremony at COP28 for new signatories to the…

How can policymakers support finance industry action on net-zero: Considering investments required for a Just Transition

The current level of finance falls significantly short of what is required to achieve net-zero emissions by 2050. While many…

The Net-Zero Asset Owner Alliance sets direction for members on policy engagement and transition planning

Following momentum of latest Progress Report, the UN-Convened Net-Zero Asset Owner Alliance strengthens guidance and offers practical tools for asset owners to meet two key HLEG recommendations.

Net-Zero Banking Alliance progress update: Over two thirds of NZBA banks have now set targets aligned with 1.5°C scenarios

Banks’ commitment to net zero continues to grow and to spread. NZBA membership has tripled in number since its launch…

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

Geneva, 4 December 2023 – At COP28 today, eight leading export credit agencies in partnership with the Innovation and Knowledge…

Developing Metrics for Transition Finance

This paper discusses how banks may consider reporting their transition finance efforts. We see a need for additional specific metrics, as existing metrics may fail to provide a full picture of banks’ approaches to decarbonising their portfolios.