Circular economy: An enabler for responsible banking

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UNEP FI

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The circular economy replaces the linear “take-make-waste” economic model and transitioning to it requires mainstreaming circular business models and significant financing, making private investment crucial for its success. This webinar will mark the launch of the first two reports of a series of guidance documents designed to support banks leverage the nexus between circular economy and environmental & social impact in their journey towards responsible banking. The first paper highlights the actions banks can take to manage the nexus between circularity and climate, creating real- world impact in reducing GHG emissions, starting with the buildings & construction and textile sectors. Speakers include: • Prof. Claudio Zara - Researcher and Adjunct Professor, Bocconi University, GREEN Research Centre • Luigi Riccardo - Head of Circular Economy Desk, Intesa Sanpalo Innovation Center • Niina Pussinen - Lead Circular Economy & Biodiversity, ABN Amro • Dipeeka Ramgolam - Sustainability Lead - ESG & Climate, The Mauritius Commercial Bank Ltd. • Joe Rodgers - Programme Manager Finance Initiative, Ellen Mac Arthur Foundation • Martin Pauli - Global Circular Economy Services Leader, Arup • Peggy Lefort, Pollution and Circular Economy Lead, UNEP FI • Kavita Sachwani – Sr. Implementation Guidance Coordinator, UNEP FI
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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.