The Launch of the Principles for Positive Impact Finance
Developed by a group of bank and investor members of UN Environment Finance Initiative, the Principles are a set of high-level guidelines to promote the development of positive impact business and finance and thereby to contribute to the achievement of sustainable development and in particular the Sustainable Development Goals (SDGs).
- United Nations Environment Programme – Finance Initiative (UNEP FI) is a partnership between United Nations Environment Programme and the global financial sector created in the context of the 1992 Earth Summit with a mission to promote sustainable finance. Over 200 financial institutions, including banks, insurers and investors, work with UNEP to understand today’s environmental challenges, why they matter to finance, and how to actively participate in addressing them.
UNEP FI’s work also includes a strong focus on policy – by fomenting country-level dialogues between finance practitioners, supervisors, regulators and policy-makers, and, at the international level, by promoting financial sector involvement in processes such as the global climate negotiations.
Finally, UNEP FI hosts the Global Roundtable every other year since 1994.
- Statement of Commitment
The UNEP Statement of Commitment by Financial Institutions on Sustainable Development represents the backbone of the Initiative. By signing up to the Statement, financial institutions openly recognize the role of the financial services sector in making our economy and lifestyles sustainable and commit to the integration of environmental and social considerations into all aspects of their operations.
All financial institutions wishing to join the UNEP Finance Initiative must adhere to the Statement.