PSI-WWF-UNESCO guide for the insurance industry to protect World Heritage Sites

Presented by

UN Environment’s Principles for Sustainable Insurance Initiative, WWF and leading insurers

About this talk

This pioneering guide builds on last year’s launch of the first insurance industry statement of commitment to protect World Heritage Sites, supported by leading insurers and key stakeholders worldwide. To develop the guide, UN Environment’s Principles for Sustainable Insurance Initiative (PSI) worked with its member insurers, WWF, UNESCO and ECOFACT. The main aim is to provide guidance to insurers on how to prevent or reduce the risk of insuring and investing in companies or projects whose activities could damage World Heritage Sites, particularly in sectors such as oil and gas, mining, large-scale hydropower, logging, fishing, agriculture, plantations and large-scale infrastructure.

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United Nations Environment Programme Finance Initiative (UNEP FI) is a partnership between United Nations Environment and the global financial sector created in the wake of the 1992 Earth Summit with a mission to promote sustainable finance. More than 240 financial institutions, including banks, insurers, and investors, work with UN Environment to understand today’s environmental, social and governance challenges, why they matter to finance, and how to actively participate in addressing them. UNEP FI’s work also includes a strong focus on policy – by facilitating country-level dialogues between finance practitioners, supervisors, regulators and policy-makers, and, at the international level, by promoting financial sector involvement in processes such as the global climate negotiations.