UNEP FI to host webinar to discuss the initiative that was launched earlier this year
The UN Environment Programme Finance Initiative (UNEP FI), the arm of the UN that convenes finance for the environment, is holding a webinar next week to present the strategy and work programme of its new Principles for Positive Impact Finance.
The principles were launched by French Finance Minister Michel Sapin and 19 leading banks and investors in Paris on January 30 this year. Now the strategy for the Positive Impact initiative has been defined and stakeholders are invited to join a webinar on Wednesday 10 May.
The Positive Impact Initiative is driven by a group of UNEP FI members seeking to establish a new financing paradigm based on a holistic appraisal of impacts to the three pillars of sustainable development. This is seen as the key to the twin challenges of future-proofing business and achieving the Sustainable Development Goals (SDGs).
The four principles are 1) Definition 2) Frameworks 3) Transparency 4) Assessment.
The Principles provide guidance for financiers and investors to analyse, monitor and disclose the social, environmental and economic impacts of the financial products and services they deliver. They provide a global framework applicable across different business lines, including retail and wholesale lending, corporate and investment lending, and asset management.
The Principles require a holistic appraisal of positive and negative impacts on economic development, human well-being and the environment: this is what makes them innovative.
Webinar participants will have the opportunity to find out more about the range of options available to participate in the initiative and contribute to the financing of the Sustainable Development Goals.
The event will feature speakers from the Positive Impact Finance Steering Group:
For more information please click here or email. The webinar will be offered twice, at 9am and 4pm CEST. To register, click on the this link, and select the webinar you would like to attend from the drop down menu.
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