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Greater scope and depth needed to keep pace with demand for more holistic approaches to climate risk management by banks and investors. The report is based on the practical user experience of almost 50 banks and investors using available climate risk management tools and includes 15 case studies.
The UN Environment Programme Finance Initiative’s (UNEP FI) has opened a new risk centre centralising its resources on climate and nature risks, aiming to help members better identify and manage the ones that are financially material. In addition, a knowledge hub will share resources on assessing risks. “By
Some banks are using a framework designed for the Principles for Responsible Banking (PRB) initiative to help meet reporting requirements under the EU Corporate Sustainability Reporting Directive (CSRD), a UN Environment Programme Finance Initiative (UNEP FI) webinar heard.
EDITOR’S NOTE The analysis results along with insights from insurance regulators and other stakeholders will be presented in a webinar at 2 p.m. ET Thursday, July 27. The Ceres Accelerator also works with corporate boards of directors on improving governance of climate change and other sustainability issues.
Earlier this month, the UN Environment Programme (UNEP) published its 2023 ‘ Adaptation Gap Report ’, which highlighted that EMDEs’ forecast climate adaptation finance needs are now ten to 18 times larger than existing international public flows.
Soft launched at COP15 last year, NA100 will serve as the nature-focused counterpart to investor-led engagement initiative Climate Action 100+ (CA100+).
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