Empowering Climate Resilience Through Banking: UNEP FI PRB Guidance Launch

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UNEP FI

About this talk

UNEP FI is delighted to unveil its latest milestone report, the Principles for Responsible Banking Guidance on Climate Adaptation and Target Setting. This collaborative effort involving 27 leading banks, along with experts from academia and international organisations, provides an overarching framework and practical solutions for banks to set targets on adaptation to align with their climate and sustainability strategies. In a world facing unprecedented environmental challenges, this guidance empowers banks to redirect capital flows towards resilience and engage with clients in vulnerable regions and sectors. Join us in this panel discussion to learn more about how private finance is thinking about adaptation and resilience.

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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.