The United Nations Environment Programme Finance Initiative (UNEP FI) published outcomes from its 2024 Leadership Council meeting, where CEOs and board chairpersons provided strategic direction for UNEP FI’s work and called for more unified action to address climate, nature and pollution challenges. The Leadership Council agreed that UNEP FI’s key priorities in 2025 will be enabling engagement with policymakers and clients, sharing best practice, and supporting the mobilisation of climate finance. Discussions centred on how the sector approaches climate risks and opportunities, with leaders highlighting that lessons from climate action could help inform solutions for nature and pollution. The meeting also noted the uneven pace of regulatory action and the importance of stakeholder and client engagement as factors that could materially affect progress. UNEP Executive Director Inger Andersen, who chaired the discussions, highlighted the need to cut global emissions by 42% by 2030 to meet net-zero goals by 2050, while CEOs pressed for clear and consistent climate policies aligned with international agreements, including clarity on carbon pricing and regulation for financial institutions. The update also referenced UNEP FI’s work on taxonomies and disclosures to align finance with biodiversity and climate targets and progress by the Net-Zero Asset Owner Alliance in decarbonising portfolios and mobilising climate finance.

Original source View in tracker