Unep Finance Initiative
vor 2 Wochen
Result of Service
- individual implementation support to PRB signatories
- development of PRB guidance documents (including updating and refining existing guidance, e.g. on reporting and assurance, as well as developing new guidance, on topics such as client engagement, target setting in more impact areas, with a focus on environmental impact areas such as e.g. climate mitigation and adaptation, resource efficiency & circular economy, plastic pollution)
The Consultants will also work closely with UNEP FI thematic leads and regional coordinators.
Work Location
Geneva based with option to work remotely.
Expected duration
The duration of contract is 12 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 300 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.
On 22nd September 2019, UNEP FI member banks representing USD 47 trillion and with that over a third of the global banking industry officially signed and launched the Principles for Responsible Banking together with UN Secretary General Guterres. The Principles for Responsible Banking guide the change towards a new, sustainable global banking industry that takes on a key role in helping society to achieve its goals for a sustainable future. With these Principles, banks commit to strategically align their business with and scale up their contributions to the Sustainable Development Goals and the objectives of the Paris Agreement on Climate. The Principles are supported by a strong implementation framework that defines clear accountabilities and requires each bank to set, publish and work towards ambitious targets and report publicly on their positive and negative impacts and progress in implementing their commitments. Banks that are not in line with their commitments can be removed from the list of signatories.
Two (2) Consultants are required to deliver implementation support to PRB signatories in areas including target setting for different impact areas (specifically focusing on environmental topics such as climate mitigation and adaptation, resource efficiency & circular economy, plastic pollution, amongst others), developing guidance on topics like client engagement, developing and updating/ refining existing guidance documents, as well as daily implementation support for PRB signatories to strengthen their progress on implementing the Principles, and other tasks that may be required.
- Guidance on Principle 3, Clients and Customers
- Guidance on climate adaptation target setting
- Practical guidance on setting resource efficiency and circular economy targets, possibly linked to climate targets
- Implementation support to strengthen Signatory banks’ performance
- Capacity building support to facilitate effective PRB implementation
The Consultants will also work closely with UNEP FI thematic leads and regional coordinators.
The Consultants will provide assistance in the following project/tasks:
- Develop a guidance document on climate adaptation that will be used by banks having identified adaptation as a significant impact area
- Provide practical support to banks working in the area of climate adaptation
- Update existing guidance on PRB reporting
- Work with the relevant Thematic Lead to prepare materials and deliver meetings to support PRB banks with setting resource efficiency and circular economy targets, and to identify ways how to link it to climate targets
- Develop a guidance document on Principle 3, Clients and customers,
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