UNEP FI (The United Nations Environment Program Finance Initiative)
UNEP FI is a global partnership between the United Nations Environment Program and the private financial sector. With more than 160 financial institutions as members, UNEP FI is focused on identifying, promoting and realizing the adoption of best environmental and sustainability practices at all levels of financial institution operations.
Recognizing the benefits of international collaboration on best environmental practices in banking, Bank of America joined UNEP FI in 2001. Since then, we have held leadership positions within the organization and were a founding member of UNEP FI's North American Taskforce.
Bank of America has collaborated with UNEP FI to develop best practices related to environmental credit risk. We helped contribute industry data and expertise for various UNEP FI reports, including one that analyzed climate risk and credit products.
Bank of America has collaborated with UNEP FI to develop best practices related to environmental credit risk. We helped contribute industry data and expertise for various UNEP FI reports, including one that analyzed climate risk and credit products.
We're also a member of UNEP FI's Climate Change Working Group, which seeks to raise awareness and communicate the problem of climate change to financial institutions, policymakers and the public at large. In addition, the Climate Change Working Group provides input to the United Nations Framework Convention on Climate Change (UNFCCC).
Quick Facts
- Representing the financial services sector, UNEP FI provides input to the recurring UNFCC Conference of Parties climate policy delegation
- Bank of America participated in drafting UNEP FI's governance structure and has held a position on the organization's steering committee
- UNEP FI currently has more than 160 signatory institutions from 44 countries
