Tagged on: Global

Summaries
Roadmap for a Sustainable Financial System - Executive Summary
United Nations Environment Programme

The objective of this Roadmap is to propose an integrated approach that can be used by all financial sector stakeholders—both public and private—to accelerate the transformation toward a sustainable financial system. This approach can bring policy cohesiveness across ministries, central banks, financial regulators, and private financial sector participants to focus efforts. The ultimate vision that the Roadmap seeks to reach is one of a financial system that integrates sustainability considerations into its operations, including the full costing of positive and negative externalities that sustainability implies, leading to a reorientation of the flow of resources toward more inclusive and sustainable activities.


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Reports and Books
Greening the Financial System: Exploring the Ways Forward - A Briefing
United Nations Environment Programme

This briefing summarises the discussions held during the “Greening the Financial System: Exploring the Ways Forward” event in Washington, D.C. on 12 October 2017. The goal of this convening, the fourth in the series, was to examine lessons from developing and implementing green finance initiatives over the last few years and to highlight successful examples and opportunities, particularly from China and of green digital finance.


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Reports and Books
Greening the Financial System: Enhancing Competitiveness Through Economic Development
United Nations Environment Programme

This briefing summarises the discussions held during a roundtable for market and policy leaders in Washington, D.C. on 20 April 2017. The goal of the event was to explore pathways to scale and speed up green finance and to harness its benefits for long-term sustainable growth and competitiveness. The key messages are: Green finance made substantial progress and gained prominence as an important asset class. New green financial products are facilitating investment in green and resilient businesses and infrastructure. The Task Force on Climate-related Financial Disclosures (TCFD) recommendations can alter market practice by boosting environmental risk visibility, assisting investment and lending decision-making. Early evidence points to promising impacts on innovation, strategy shifts and cultural change. Effective public and private action is needed for a step change in the speed and scale of green finance, keeping in mind the broader effects on competitiveness, risk management and sustainable development. Smart use of public money, such as using blended finance to lower risks that private investors avoid, is critical to maximize the leverage of private capital. Development banks and financial institutions play a key role in catalysing private finance through balance sheets as well as standard setting power. The rapid development and disrupting potential of financial technology (fintech) holds great opportunities to broaden the investor base and unlock new business models for green finance.


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Reports and Books
Scaling Citizen Action on Climate: ANT Financial’s Efforts Towards a Digital Finance Solution
United Nations Environment Programme

This report shows that almost half of Ant Financial Services Group’s 450 million users signed up to Ant Forest, an app that gamifies carbon footprint tracking – cutting greenhouse gas emissions and demonstrating the massive potential of Fintech (financial technology) for supporting sustainable development. By the end of January 2017, the approach had avoided 150,000 tonnes of carbon dioxide emissions, thanks to the accumulation of small behavior changes, with much more to come.


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Factsheets
International Waters - Factsheet
United Nations Environment Programme, Global Environment Facility

Water is the foundation of life on Earth. Over three billion people – some 40% of the world’s population – depend on marine and coastal biodiversity for their livelihoods. Meanwhile every person on Earth directly relies on freshwater to survive. But today, that foundation is under threat in view of climate change, pollution, overfishing , increasing competition for freshwater, and degraded waters.
Currently, UN Environment and the Global Environment Facility (GEF) are working together on more than 30 projects, assisting over 50 countries to battle environmental degradation, secure water resources and negotiate and implement the data-based policies needed to ensure a sustainable future for all.


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Factsheets
Climate Change Mitigation - Factsheet
United Nations Environment Programme

The world knows all too well the threat that climate change poses to human health, economies and the environment. United action is needed to hit the 1.5°C temperature rise target. Together, UN Environment and the GEF are providing the technical know-how, funding and implementation experience needed to improve energy efficiency, promote renewable energy, and encourage low-carbon technologies. From transport, to power generation, to energy efficient homes, industries and cities, they have worked together on more than 140 projects. UN Environment-led projects funded under the current GEF 6 cycle alone have mitigated CO2-equivalent emissions of almost 7.5 million tonnes to date.


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Factsheets
Biodiversity - Factsheet
United Nations Environment Programme, Global Environment Facility

The 2030 Agenda for Sustainable Development’s vision of a sustainable and equitable future for people and planet depends on the goods and services contributed by the world’s ecosystems and the biodiversity within them. UN Environment is working with the Global Environment Facility (GEF) to arrest the decline in biodiversity and conserve ecosystem services for the benefit of current and future generations. We have worked together on over 350 projects, helping more than 150 countries improve and expand their action on biodiversity.


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Factsheets
Chemicals and Waste - Factsheet
United Nations Environment Programme, Global Environment Facility

From shampoo to toothpaste, clothing to cosmetics, and light bulbs to food, almost every product we buy involves the use of chemicals in some form or other. Of the over 100,000 chemicals in use today, a significant number have not been assessed for their impact on human health and the environment. Managing chemicals and waste is a global challenge. The UN Environment and the Global Environment Facility (GEF) have been working with countries around the world for the past 25 years to address the issue of hazardous substances. We have collaborated on some 150 projects across 141 countries, investing over $200 million in promoting the sound management of chemicals and waste to protect both human health and the environment.


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Factsheets
Land Degradation - Factsheet
United Nations Environment Programme

Healthy landscapes are fundamental to the health of life on earth. From food production to quality air and water, nutrient cycling and soil formation, we depend on our land for the very basics of existence. Land degradation and desertification, largely due to deforestation and unsustainable land use, are amongst the most pressing problems facing the world today. UN Environment, working in partnership with the Global Environment Facility (GEF), aims to be part of the solution to this problem. Together, we have worked on more than 160 projects, promoting sustainable land management practices and helping countries around the world to restore degraded land.


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Factsheets
Cross-cutting Capacity Development
United Nations Environment Programme, Global Environment Facility

Despite population growth, increased urbanization, and accelerating climate change, we can reverse the damage that human activity has caused to our environment. With funding from the Global Environment Facility (GEF), UN Environment has established a high-impact portfolio of cross-cutting capacity development projects. Our aim is to build the capacity of countries to meet global environmental objectives and to ensure that the environment is a key consideration in decision-making in all efforts to achieve sustainable development.


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