Saturday 8th August 2020
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Tag Archives: financial markets

Banks, UN seek to promote climate transparency in financial markets

Erik Solheim

Together with the UN Environment Finance Initiative (UNEP FI), 11 of the world’s leading banks announced on Tuesday, July 11, 2017 a commitment to develop analytical tools and indicators to strengthen their assessment and disclosure of climate-related risks and opportunities. Following the publication last month of the final recommendations by the Financial Stability Board’s (FSB) Task Force on Climate-Related Financial ...

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Financial markets shifting to address climate change, says report

Moon4

Private sector investments are shifting to address the challenges posed by climate change, and this trend could accelerate if governments and policy-makers take further actions to increase the demand for low-carbon, climate resilient investment, according to a report released today by the United Nations Secretary-General’s Climate Change Support Team. The new report, “Trends in Private Sector Climate Finance,” found that ...

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UNEP: Aligning global finance with sustainable development

Steiner warnt vor Klimaverhandlungen im

A new United Nations Environment Programme (UNEP) report released at the International Monetary Fund (IMF)/World Bank Annual Meetings holding in Lima, Peru shows how to harness the assets of the world’s financial system for sustainability. The key findings are that: A ‘quiet revolution’ is underway as financial policymakers and regulators take steps to integrate sustainable development considerations into financial systems to ...

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