The Financial Alliances of UNEP FI in the Race Towards Net Zero Emissions

The Paris Agreement has now been in effect for over 5 years since the moment in which 195 nations agreed to implement the necessary measures to reduce global warming and combat the foreseeable impacts of climate change.

Since then, various initiatives have emerged seeking to strengthen and implement that Agreement through new government policies, the establishment of new strategies, and the review of business plans. All of this with the aim of facilitating the transition to a lower carbon economy.

In this context, in June 2020, and as a result of the efforts of the Climate Ambition Alliance created months earlier, a UN Race to Net Zero alliance was formed, to which 120 countries adhered, joined by more than 2,162 companies, 708 cities, 23 regions, 127 investor groups, and 571 educational entities.

In this framework, UNEP FI, the sustainability academy of the eco.business Fund, the Inter-American Development Bank (IDB), the Principles for Responsible Investment (PRI), the Center for Sustainable and Responsible Finance of Spain (Finreso), in collaboration with the Public-Private Table of Green Finance of Chile, the Sustainable Finance Table (MFS) of Paraguay, the Sustainable Finance Initiative of Ecuador, the Sustainable Finance Table (MFS) of Bolivia, the Sustainable Finance Working Group of Panama, the Chilean Table, the Financial Innovation Laboratory (Brazil), the Financial Innovation Laboratory (Mexico), Spainsif, Deloitte, and 2dii, alongside ComunicarSe, Diario Sustentable, País Circular, Diario Responsable, and Corresponsables as Media Partners, are organizing a series of webinars in November on “The Financial Alliances of UNEP FI in the Race Towards Net Zero Emissions”:

• WEBINAR 1: Net Zero Banking Alliance (NZBA) / November 16
• WEBINAR 2: Net Zero Asset Owner Alliance and the launch of the Protocol on target setting for 2025 / November 23
• WEBINAR 3: Net Zero Insurance Alliance (NZIA) / November 29

In this first webinar, Mónica Malo, Director of Communication-External Relations and Sustainability of CECA, participates in the opening alongside Carolina López, representative in Chile and global coordinator of UNEP FI Trainings, and María Netto, Financial Markets Principal and Climate Change Specialist at the Inter-American Development Bank (IDB).