June 2017 – The PRI, The Generation Foundation and UNEP FI have launched a series of roadmaps as part of the Fiduciary Duty in the 21st Century initiative. The publications are the culmination of extensive consultation with regulators, investors, policy makers and attorneys across the countries. They make a series of recommendations to enable the market-wide adoption of Environmental, Social and Governance (ESG) integration.
July 2016 – Facilitated by IFC, part of the World Bank Group, the Sustainable Banking Network (SBN) is a knowledge sharing network on sustainable finance comprised of financial sector regulators and banking associations from emerging markets. Launched with 10 member countries in 2012, it now represents 31 emerging markets, including South Africa. In 2016, SBN was invited to be a knowledge partner to the Green Finance Study Group established under China’s presidency of the G20, and co-chaired by the People’s Bank of China and the Bank of England. SBN submitted a research paper on experiences of 5 leading emerging markets in promoting national frameworks for sustainable finance.
June 2016 – Over the past two years, the UNEP Inquiry into the Design of a Sustainable Financial System has mapped the practice and potential for advancing green finance globally. This paper provides an outline of South Africa’s financial sector, the environmental and social issues it faces, the response of government and financial regulators and the extent to which has resulted in measurable sustainable investment flows.