Unep Finance Initiative
vor 2 Monaten
Result of Service
- The ultimate result of services of the Consultant will be to: - Develop a Study on current practices of banks to manage pollution in their portfolio, including their buildings and construction portfolio, including recommendations for engagement with banks to support the implementation of the Global Framework on Chemicals. - Develop a Sectoral Pollution Guidance for buildings and construction containing guidance for banks on how to prevent, reduce and manage pollution, especially chemical pollution, in their buildings and construction portfolio. - Organize and hold a workshop, exchange session or webinar for banks and other relevant stakeholders on pollution management in banks’ portfolio, including in their buildings and construction portfolio, especially after the adoption of the Global Biodiversity Framework and the Global Framework on Chemicals.
- Work Location
- Working remotely
- Expected duration
- 6 months**Responsibilities**:
- The United Nations Environment Programme (UNEP) is the leading global environmental authority that sets the global environmental agenda, promotes the coherent implementation of the environmental dimension of sustainable development within the United Nations system and serves as an authoritative advocate for the global environment. The overall objective of the UNEP’s Economy Division is to encourage decision makers in government, local authorities and industry to develop and adopt policies, strategies and practices and technologies that promote sustainable patterns of consumption and production, make efficient use of natural resources, ensure safe management of chemicals and contribute to making trade and environment policies mutually supportive. It promotes the development, use and transfer of policies, technologies, economic instruments, managerial practices and other tools that assist in environmentally sound decision making and the building of corresponding activities. The United Nations Environment Programme Finance Initiative (UNEP FI) is the strategic partnership between the United Nations and over 500 banks, insurers and investors. For over 30 years UNEP FI has been shaping and driving the international sustainable finance agenda, setting global standards and growing a global network of leading financial institutions. Through its work-streams and regional activities, peer learning, methodology development, training and research, UNEP FI promotes sustainable finance and helps the financial industry align with and contribute to the Paris Agreement and Sustainable Development Goals. Per the IPBES Global Assessment (2019), pollution is one of the major drivers of biodiversity loss, which is an important factor in climate change. In December 2022, at the 15th Conference of the Parties to the Convention on Biological Diversity (COP15), 196 countries adopted the Kunming-Montreal Global Biodiversity Framework. In the face of unprecedented biodiversity loss, the GBF provides a framework to achieve its overarching aim to halt and reverse nature loss by 2030, including by reducing pollution. At UN Environment Assembly (UNEA 5.2) held in March 2022, representatives of 175 nations endorsed a resolution to end plastic pollution. The resolution addresses the full lifecycle of plastic, including its production, design and disposal. The resolution established an Intergovernmental Negotiating Committee (INC), which began its work in 2022, with the ambition of completing an international legally binding instrument by the end of 2024, with involvement of relevant stakeholders, including the private sector. In September 2023, at the 5th International Conference on Chemicals Management (ICCM5), Bonn, Germany, the Global Framework on Chemicals was adopted. It includes a vision, goals and targets that guide stakeholders at all levels to take measurable action to address the sound management of chemicals and waste. The convergence of these international frameworks recently adopted or currently under negotiation is a unique opportunity for the private financial sector to engage on the topic of pollution. The Global Environment Facility (GEF) project on “Global Best Practices on Emerging Chemical Policy Issues of Concern under Strategic Approach to International Chemicals Management (SAICM)” (GEF 9771), adopted in 2018, aims to accelerate the adoption of national and value chain initiatives to control Emerging Policy Issues (EPIs) and contribute to the 2020 SAICM goal and the 2030 Agenda for Sustainable Development. Building on activities already developed since inception of the GEF 9771 project, further activities will be developed to support the prevention, reduction and management of chemical pollution in the buildings and construction portfolio of financial institutions. In this context, UNEP FI will develop a series of activities to engage with banks and support their action on pollution prevention and reduction and sustainable chemical management in their portf
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