Latin America is one of the worlds´s richest regions in terms of water resources. However, its inhabitants do not enjoy ensured access. In the Latin America and Caribbean region, 222 million people do not have access to safe drinking water (and 25 million live without access to basic water services). Related to sanitation, the figures are even worst: 495 million lack safe sanitation, and there are still almost 89 million people in the region without basic sanitation services. The challenges on the continent remain many. Inequality in the right to water and sanitation is evident: between urban and rural areas, between men and women, or between non-indigenous and indigenous populations.
The sustainable finance training services are part of the effort to fulfil UNEP FI's mission to "identify, promote and adopt environmental and sustainability best practices at all levels of financial institutions' operations".
The primary objective of UNEP FI's training services is to raise awareness and build capacity in sustainable finance among UNEP FI Signatories and other financial institutions, as well as other relevant stakeholders, such as government, academia and others, especially in developing countries and emerging markets.
Trainings and their links:
UNEP FI. Since 2007, UNEP FI has offered an Online Course on "Climate Change: Risks and Opportunities for the Financial Sector".
As understanding among financial institutions of the risks and opportunities imposed by climate change becomes more nuanced and sophisticated, and given the recent emergence of corresponding assessment and disclosure logics, first and foremost those supported by the 2017 recommendations of the Financial Stability Board Task Force on Climate-related Financial Disclosures (TCFD), there is now a need for new climate change training tailored to the financial services sector.
AECID, with the support of the European Commission, is launching a competition in the framework of the LAIF City Life initiative to give civil society, a voice in identifying and proposing projects that contribute to improving the quality of life of vulnerable groups in Latin American countries. The competition will run from 18 April to 18 May 2022.
Through the LAIF City Life initiative. Civil society is expected to identify and formulate urban planning programmes and investment projects in sustainable urban infrastructure, that are aligned with the strategic priorities of the European Commission and the national and local governments of Latin American countries.
UNEP FI. The COVID-19 pandemic has generated important changes in much of the financial markets, where sustainable instruments have shown significant growth in Latin America, almost doubling the number of issues and amounts of debt during the period 2020-2021.
UNEP, the Inter-American Development Bank (IDB), IDB invest, the eco.business Development Facility and its Sustainability Academy are organising a series of webinars on "Financing the Circular Economy", which will be held in Spanish from June to October 2022.
The group of webinars is designed for various stakeholders in the financial sector, including executives from financial institutions (risk, commercial, product development, capital markets, etc.), institutional investors, impact investors, insurance companies, representatives from governmental bodies such as financial market regulators and supervisors, and stakeholders interested in learning about and exploring Circular Economy financing solutions.
Resources from the European Union's Latin America Investment Facility (LAIF) will be added to CABEI's Climate Change Investment Project Preparation Fund (FCC), contributing with its partner countries in the generation of a portfolio of projects for climate change mitigation and adaptation.
LAIF and the European Investment Bank (EIB) partner with Fonplata to support the sustainable development of Latin American cities, so that they can adapt to the challenges posed by climate change and offer an excellent environment for people to live.
In particular, LAIF contributes technical assistance for Fonplata to improve or integrate environmental and social safeguards into its policies, procedures and projects.
We invite you to watch and share the following videos prepared by the EIB on the results of this project in Brazil.
#ClimateChange #UnidosParaMelhorarLidas #TeamEurope #GreenDeal
LAGreen is an innovative public-private partnership fund, initiated by KfW with seed investments from BMZ and the EU to foster the issuance of green bonds in Latin America with the ultimate aim to protect climate and biodiversity. It will particularly support first time issuers and those issuers with a high ambition towards transparency and environmental quality of underlying assets.
- European Investment Bank signs a LAIF grant agreement with the European Commission to complement a USD 100m loan for climate action projects in Peru
- The support for climate action projects via Peru’s development bank, COFIDE (Corporac