Tagged on: Resource efficiency

Reports and Books
Stock Exchanges and Sustainability
United Nations Environment Programme

Stock exchanges have historically played an important role in economic growth and development through enabling effective capital allocation. However, exchanges and markets more broadly have changed over time, in structure, interconnectedness and rate of activity. This has happened against a backdrop of growing recognition of the unsustainability of the current economic growth path in both social and environmental terms. Sustainability advocates and others have identified stock exchanges and evolving market structure as both contributors to the problem and a potential partner in the solution. Markets and by extension, the companies listed on exchanges and the investors in those companies, are increasingly short-term in outlook and appear not to value the environmental and social impact of corporate behaviour. This is due to a range of factors including (but not limited to) the lack of disclosure by listed companies of relevant environmental, social and governance information, as well as an evolving market structure and trading behaviour that favours trading above investing. Given that it is increasingly clear that environmental and social issues have an impact on corporate performance, exchanges (or the relevant securities regulators) must require disclosure in the same way that financial disclosure is required. Exchanges also have a role to play in developing sustainability indices, ratings and associated products that are useful to investors as they seek to shift to more sustainable investment. More fundamentally, it is necessary to address some of the challenges posed by new market structures. This requires improving the understanding of how the current and evolving market structure impacts on the core capital raising and allocation function of markets and redefining market quality to reflect this linkage. Markets will not, however, even if optimized for sustainability, solve the sustainability challenge, as they should reflect societal norms and expectations, rather than driving them.


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2015
Reports and Books
The State of Food and Agriculture
Food and Agriculture Organization of the United Nations

The Millennium Development Goals (MDGs) on reducing poverty have been met by many countries, yet many others lag behind and the post-2015 challenge will be the full eradication of poverty and hunger. Many developing countries increasingly recognize that social protection measures are needed to relieve the immediate deprivation of people living in poverty and to prevent others from falling into poverty when a crisis strikes.


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2015
Reports and Books
ECGFS Detailed Recommendation 13: Lender Liability
United Nations Environment Programme

In 2014 the Research Bureau of the People’s Bank of China convened a Green Finance Task Force made up of 40 experts from ministries, financial regulators, academics, banks and other financial institutions, complemented by international experts brought together by the UNEP Inquiry to consider the steps that China could take to establish a green financial system.This detailed report on one of the fourteen recommendations complements the main report."


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2015
Reports and Books
ECGFS Detailed Recommendation 9: Stock Index
United Nations Environment Programme

In 2014 the Research Bureau of the People’s Bank of China convened a Green Finance Task Force made up of 40 experts from ministries, financial regulators, academics, banks and other financial institutions, complemented by international experts brought together by the UNEP Inquiry to consider the steps that China could take to establish a green financial system.This detailed report on one of the fourteen recommendations complements the main report."


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2015
Reports and Books
ECGFS Detailed Recommendation 14: Mandatory Disclosure
United Nations Environment Programme

In 2014 the Research Bureau of the People’s Bank of China convened a Green Finance Task Force made up of 40 experts from ministries, financial regulators, academics, banks and other financial institutions, complemented by international experts brought together by the UNEP Inquiry to consider the steps that China could take to establish a green financial system.This detailed report on one of the fourteen recommendations complements the main report."


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2015
Reports and Books
ECGFS Background Paper B: International Experience
United Nations Environment Programme

In 2014 the Research Bureau of the People’s Bank of China convened a Green Finance Task Force made up of 40 experts from ministries, financial regulators, academics, banks and other financial institutions, complemented by international experts brought together by the UNEP Inquiry to consider the steps that China could take to establish a green financial system.This detailed background report on the lessons from international experience complements the main report."


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2015
Reports and Books
Design options for a sustainable financial sector: Lessons from inclusive banking experiments
United Nations Environment Programme

Over 200 years ago, Adam Smith put forward the notion that individuals seeking to benefit themselves through trade were led as if by an invisible hand to a situation in which society as a whole could benefit. It can be argued, however, that social objectives such as sustainability, and inclusiveness, do not emerge spontaneously through market forces. Such outcomes have to be designed through legal structures and institutions. In other words, for the invisible hand to operate, there needs to be a visible hand behind it. The financial inclusion experiment in South Africa provides lessons for the design of the type of financial sector required for the transition from greed to green. "


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2015
Reports and Books
The Business Case for Eco-innovation
United Nations Environment Programme

This publication sets out to demonstrate the compelling business case for eco-innovation and how it can enable your company to carve out commercially interesting opportunities.


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2014
Programme Performance Reports
UNEP Programme Performance Report 2013
United Nations Environment Programme

The 2012-2013 biennium completed the implementation of the first Medium-Term Strategy of UNEP for the period 2010-2013. For the first time in the history of the organization, results-based management principles were fully applied throughout the programme cycle, from planning to monitoring and evaluating our implementation. UNEP’s performance against Expected Accomplishments in the Programme of Work for the biennium 2012-2013 shows: - 64 per cent achieved on schedule||- 85 per cent of indicator targets that were achieved were over-exceeded||- 30 per cent partially achieved with work still underway in some cases. Financial (and human)||resources are not always available at the beginning of the biennium as funds are mobilized during the biennium in which results are to be achieved, sometimes affecting the pace of the organization’s delivery and expenditure rates||- 6 per cent not achieved, owing to indicators that were not possible to measure and were substituted with alternative performance measurements.


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2014
Reports and Books
Financial Dynamics of the Environment Risks, Impacts, and Barriers to Resilience
United Nations Environment Programme

This Working Paper summarizes the underlying logic for why the financial sector should care about the state of the environment and environment-related risks||it reviews the main structural barriers that could prevent the financial system from managing such issues||it also identifies the main researchers and organizations undertaking work on these topics internationally. The paper should be a useful initial reference guide to those concerned with both how environment-related risks could affect the financial sector and what financial institutions can do to manage such risks."


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2014