Chris Hall
JANUARY 31, 2023
A lack of engagement with key stakeholders and timing of greenwashing investigation among criticisms levelled at European Supervisory Authorities. Enforcement needed to tackle greenwashing Fixler said on LinkedIn that these actions “did more to tackle greenwashing than the entirety of SFDR [EU Sustainable Financial Disclosure Regulation].”
Chris Hall
JULY 1, 2022
This is the assessment of Eric Usher, Head of the UN Environment Programme Finance Initiative (UNEP FI) which brings together the United Nations and the financial sector to develop responsible investment agendas. Fancy writes: “To fix our system and curb a growing [greenwashing] disaster, we need government to fix the rules.”.
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3BL Media
DECEMBER 20, 2023
This is well below the US$387 billion a year that developing countries need, according to the United Nations Environment Programme (UNEP)’s Adaptation Gap Report. One of the ways to increase funding, according to UNEP, is for the Loss and Damage Fund to move toward more innovative financing mechanisms.
Chris Hall
MARCH 4, 2022
Eric Usher of Head, UNEP Finance Initiative (UNEP FI), suggested taxonomies, standards and reporting frameworks should provide support for sustainability-led business models, rather than being a catalyst for them. . UNEP FI works with financial industry frameworks to set norms, or pre-standards. Holistic approach .
Chris Hall
OCTOBER 6, 2023
It was supported by an informal technical expert group, and a founding partner group consisting of Global Canopy, UNDP, UNEP FI, and WWF, to develop recommendations for more effective nature-related disclosures in order to promote more informed investment decision-making.
Chris Hall
DECEMBER 18, 2024
Taxonomies define economic activities aligned with sustainability goals across multiple sectors and provide guidance to corporates and investors with an aim to mitigate greenwashing. The EU Taxonomy was among the first such tools, with its governing Regulation entering into force on 12 July 2020.
Chris Hall
OCTOBER 28, 2022
As well as echoing UN Climate Change’s assessment that nationally determined contributions needed significant strengthening, the UNEP report said the financial system “must overcome internal and external constraints” to become a critical enabler, putting the annual investment needed for a global transition to a low-carbon economy at US$4-6 trillion.
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