In a communique released on 12 June at the end of a two-day meeting in Bologna, hosted by Italy, G7 environment ministers – including the US – called increased sustainable financing “fundamental” to the achievement of sustainability and climate goals.
Communiqué – G7 Bologna Environment Ministers’ Meeting, Bologna, Italy, 11-12 June 2017
The UNEP Inquiry into the Design of a Sustainable Financial System presented two reports at the meeting, which were endorsed in the final communique.:
- Mobilizing Sustainable Finance for SMEs
- Financial Centres for Sustainability
In December 2016, UN Environment convened insurance regulators and supervisors from around the world to launch the Sustainable Insurance Forum for Supervisors (SIF).
SIF is a network of insurance supervisors and regulators from around the world who are working together on the sustainability challenges facing the business of insurance. It serves as a global platform for knowledge sharing, research and collective action.
The Forum is a groundbreaking initiative to strengthen insurance regulators’ understanding of and responses to sustainability challenges, as well as the opportunities for the insurance business.
The SIF is a joint initiative of the Principles for Sustainable Insurance (PSI), the global framework created by UN Environment Finance Initiative, and UN Environment’s Inquiry into the Design of a Sustainable Financial System (Inquiry).
For more info, visit http://unepinquiry.org/sif/