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href="https://www.unepfi.org/investment/investment/" class="nav-link has-featured-content ">Investment Leadership Programme</a></li> <li id="menu-item-53639" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-53639 position-static"><a data-featuredID="42372" href="https://www.unepfi.org/net-zero-alliance/" class="nav-link has-featured-content ">Net-Zero Asset Owner Alliance</a></li> <li id="menu-item-54711" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-54711 position-static"><a data-featuredID="42372" href="https://www.unepfi.org/legal-framework-for-impact/" class="nav-link has-featured-content ">A Legal Framework for Impact</a></li> </ul> </li> <li id="menu-item-65785" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children dropdown nav-item nav-item-65785 position-static"><a data-featuredID="65785" href="https://www.unepfi.org/policy-and-regulation/" class="nav-link has-featured-content ">Policy and Regulation</a> <ul class="dropdown-menu sub-menu depth_1"> <li id="menu-item-77388" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-77388 position-static"><a data-featuredID="65785" href="https://www.unepfi.org/policy-and-regulation/csrd-esrs-implementation-programme/" class="nav-link has-featured-content ">CSRD/ESRS Implementation Programme</a></li> <li id="menu-item-71005" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-71005 position-static"><a data-featuredID="65785" href="https://www.unepfi.org/policy-and-regulation/regional-inititatives/" class="nav-link has-featured-content ">Regional Inititatives</a></li> </ul> </li> </ul> <div class="menu-featured-content mr-auto"> <div class="featured-content" id="featuredContent34082"> <h4>Highlights</h4><div class="post-highlight"> <a href="https://www.unepfi.org/regions/europe/unep-fi-to-support-csrd-implementation-by-leveraging-principles-for-responsible-banking-requirements/" title="UNEP FI launches new resources to support CSRD implementation by leveraging Principles for Responsible Banking requirements"><h5>UNEP FI launches new resources to support CSRD implementation by leveraging Principles for Responsible Banking requirements</h5></a> <p>UNEP FI has launched an ESRS Interoperability Package which helps banks</p> </div><div class="post-highlight"> <a href="https://www.unepfi.org/industries/banking/responsible-banking-priorities-and-blueprint-for-a-sustainable-future/" title="Responsible Banking - Priorities and Blueprint for a Sustainable Future"><h5>Responsible Banking - Priorities and Blueprint for a Sustainable Future</h5></a> <p>Leading responsible banks are transforming the finance sector through four</p> </div></div> <div class="featured-content" id="featuredContent51930"> <h4>Highlights</h4><div class="post-highlight"> <a href="https://www.unepfi.org/insurance/insurance/" title="Principles for Sustainable Insurance"><h5>Principles for Sustainable Insurance</h5></a> <p>About Launched at the 2012 UN Conference on Sustainable Development,</p> </div><div class="post-highlight"> <a href="https://www.unepfi.org/insurance/insurance/projects/" title="Priorities and Initiatives"><h5>Priorities and Initiatives</h5></a> <p>The insurance industry’s core business is to understand, manage and</p> </div></div> <div class="featured-content" id="featuredContent42372"> <h4>Highlights</h4><div class="post-highlight"> <a href="https://www.unepfi.org/industries/target-setting-protocol-fourth-edition/" title="NZAOA Target-Setting Protocol Fourth Edition"><h5>NZAOA Target-Setting Protocol Fourth Edition</h5></a> <p>With this release, the Net-Zero Asset Owner Alliance has published four</p> </div><div class="post-highlight"> <a href="https://www.unepfi.org/industries/to-serve-net-zero-clients-asset-managers-need-a-systematic-approach-to-climate/" title="To serve net-zero clients, asset managers need a systematic approach to climate"><h5>To serve net-zero clients, asset managers need a systematic approach to climate</h5></a> <p>Geneva, 6 February - The UN-convened Net-Zero Asset Owner Alliance</p> </div></div> <div class="featured-content" id="featuredContent65785"> <h4>Highlights</h4><div class="post-highlight"> <a href="https://www.unepfi.org/themes/climate-change/turning-point-how-policymakers-can-shift-the-trillions-needed-for-the-net-zero-transition/" title="Turning point: How policymakers can shift the trillions needed for the net-zero transition"><h5>Turning point: How policymakers can shift the trillions needed for the net-zero transition</h5></a> <p>Net-zero can only be achieved through systemic change. It is time to move</p> </div></div> </div> </div>  </div>  </div>  </div> </li> <li id="menu-item-31781" class="menu-item menu-item-type-custom menu-item-object-custom current-menu-ancestor menu-item-has-children dropdown nav-item nav-item-31781 position-static"><a href="#" class="nav-link active">Key Themes</a> <div class="dropdown-menu multi-column columns-3"> <div class="row"><div class="container"> <div class="d-flex justify-content-between"><ul class=" depth_0"> <li id="menu-item-52535" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children dropdown nav-item nav-item-52535 position-static"><a data-featuredID="52535" href="https://www.unepfi.org/climate-change/climate-change/" class="nav-link has-featured-content ">Climate Change</a> <ul class="dropdown-menu sub-menu depth_1"> <li id="menu-item-51938" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-51938 position-static"><a data-featuredID="52535" href="https://www.unepfi.org/net-zero-alliance/" class="nav-link has-featured-content ">Net-Zero Asset Owner Alliance</a></li> <li id="menu-item-51932" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-51932 position-static"><a data-featuredID="52535" href="https://www.unepfi.org/net-zero-banking/" class="nav-link has-featured-content ">Net-Zero Banking Alliance</a></li> <li id="menu-item-71779" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-71779 position-static"><a data-featuredID="52535" href="https://www.unepfi.org/climate-change/net-zero-export-credit-agencies/" class="nav-link has-featured-content ">Net-Zero Export Credit Agencies Alliance</a></li> <li id="menu-item-75437" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-75437 position-static"><a data-featuredID="52535" href="https://www.unepfi.org/forum-for-insurance-transition-to-net-zero/" class="nav-link has-featured-content ">Forum for Insurance Transition to Net Zero</a></li> <li id="menu-item-75245" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-75245 position-static"><a data-featuredID="52535" href="https://www.unepfi.org/risk-centre/" class="nav-link has-featured-content ">Risk Centre</a></li> <li id="menu-item-51928" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-51928 position-static"><a data-featuredID="52535" href="https://www.unepfi.org/climate-change/climate-change/" class="nav-link has-featured-content ">More…</a></li> </ul> </li> <li id="menu-item-31786" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children dropdown nav-item nav-item-31786 position-static"><a data-featuredID="31786" href="https://www.unepfi.org/nature/nature/" class="nav-link has-featured-content ">Nature</a> <ul class="dropdown-menu sub-menu depth_1"> <li id="menu-item-75244" class="menu-item menu-item-type-post_type 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">More…</a></li> </ul> </li> <li id="menu-item-51579" class="menu-item menu-item-type-post_type menu-item-object-page current-menu-ancestor current-menu-parent current_page_parent current_page_ancestor menu-item-has-children dropdown nav-item nav-item-51579 position-static"><a data-featuredID="51579" href="https://www.unepfi.org/pollution-and-circular-economy/pollution-and-circular-economy/" class="nav-link active has-featured-content ">Pollution & Circular Economy</a> <ul class="dropdown-menu sub-menu depth_1"> <li id="menu-item-73883" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-73883 position-static"><a data-featuredID="51579" href="https://www.unepfi.org/pollution-and-circular-economy/circular-economy/" class="nav-link has-featured-content ">Circular Economy</a></li> <li id="menu-item-73882" class="menu-item menu-item-type-post_type menu-item-object-page current-menu-item page_item page-item-73851 current_page_item nav-item nav-item-73882 position-static"><a data-featuredID="51579" href="https://www.unepfi.org/pollution-and-circular-economy/pollution/" class="nav-link active has-featured-content ">Pollution</a></li> <li id="menu-item-73881" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-73881 position-static"><a data-featuredID="51579" href="https://www.unepfi.org/pollution-and-circular-economy/energy-efficiency/" class="nav-link has-featured-content ">Energy Efficiency</a></li> <li id="menu-item-51925" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-51925 position-static"><a data-featuredID="51579" href="https://www.unepfi.org/pollution-and-circular-economy/pollution-and-circular-economy/" class="nav-link has-featured-content ">More…</a></li> </ul> </li> <li id="menu-item-51982" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children dropdown nav-item nav-item-51982 position-static"><a data-featuredID="51982" href="https://www.unepfi.org/impact/positive-impact/" class="nav-link has-featured-content ">SDGs & Impact</a> <ul class="dropdown-menu sub-menu depth_1"> <li id="menu-item-59441" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-59441 position-static"><a data-featuredID="51982" href="https://www.unepfi.org/impact/impact-protocol/" class="nav-link has-featured-content ">Impact Protocol</a></li> <li id="menu-item-51943" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-51943 position-static"><a data-featuredID="51982" href="https://www.unepfi.org/impact/unep-fi-impact-analysis-tools/" class="nav-link has-featured-content ">Tools for Holistic Impact Analysis</a></li> <li id="menu-item-51934" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-51934 position-static"><a data-featuredID="51982" href="https://www.unepfi.org/impact/impact-management-platform/" class="nav-link has-featured-content ">Impact Management Platform</a></li> <li id="menu-item-51983" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-51983 position-static"><a data-featuredID="51982" href="https://www.unepfi.org/impact/positive-impact/" class="nav-link has-featured-content ">More…</a></li> </ul> </li> <li id="menu-item-53647" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children dropdown nav-item nav-item-53647 position-static"><a href="https://www.unepfi.org/social-issues/social-issues/" class="nav-link">Social & Human Rights</a> <ul class="dropdown-menu sub-menu depth_1"> <li id="menu-item-51937" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-51937 position-static"><a href="https://www.unepfi.org/social-issues/social-issues/" class="nav-link">Human Rights</a></li> <li id="menu-item-66177" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-66177 position-static"><a href="https://www.unepfi.org/social-issues/just-transition/" class="nav-link">Just Transition</a></li> <li id="menu-item-66176" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-66176 position-static"><a href="https://www.unepfi.org/social-issues/financial-health-and-inclusion/" class="nav-link">Financial Health and Inclusion</a></li> <li id="menu-item-66175" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-66175 position-static"><a href="https://www.unepfi.org/social-issues/gender/" class="nav-link">Gender</a></li> </ul> </li> </ul> <div class="menu-featured-content mr-auto"> <div class="featured-content" id="featuredContent52535"> <h4>Highlights</h4><div class="post-highlight"> <a href="https://www.unepfi.org/themes/climate-change/export-credit-agencies-supporting-billions-in-global-trade-form-net-zero-alliance/" title="Export credit agencies supporting billions in global trade form net-zero alliance"><h5>Export credit agencies supporting billions in global trade form net-zero alliance</h5></a> <p>Geneva, 4 December 2023 – At COP28 today, eight leading export credit</p> </div><div class="post-highlight"> <a href="https://www.unepfi.org/themes/climate-change/unep-fi-launches-risk-centre-to-help-members-address-sustainability-risks/" title="New Risk Centre to help UNEP FI members address sustainability risks"><h5>New Risk Centre to help UNEP FI members address sustainability risks</h5></a> <p>The UN Environment Programme Finance Initiative (UNEP FI) has unveiled its</p> </div></div> <div class="featured-content" id="featuredContent31786"> <h4>Highlights</h4><div class="post-highlight"> <a href="https://www.unepfi.org/nature/getting-started/" title="Getting Started"><h5>Getting Started</h5></a> <p>The Challenge The natural world - our forests, soils, land and ocean and</p> </div><div class="post-highlight"> <a href="https://www.unepfi.org/blue-finance/" title="Sustainable Blue Finance"><h5>Sustainable Blue Finance</h5></a> <p>Welcome to the Sustainable Blue Economy Finance Initiative, a UN-convened</p> </div></div> <div class="featured-content" id="featuredContent51579"> <h4>Highlights</h4><div class="post-highlight"> <a href="https://www.unepfi.org/news/160-financial-institutions-call-for-an-ambitious-international-treaty-to-end-plastic-pollution/" title="160 financial institutions representing 15.5 USD trillion combined assets call for an ambitious international treaty to end plastic pollution"><h5>160 financial institutions representing 15.5 USD trillion combined assets call for an ambitious international treaty to end plastic pollution</h5></a> <p>Geneva, 19 April 2024 – One hundred and sixty financial institutions and</p> </div></div> <div class="featured-content" id="featuredContent51982"> <h4>Highlights</h4><div class="post-highlight"> <a href="https://www.unepfi.org/industries/banking/impact-protocol/" title="Impact Protocol"><h5>Impact Protocol</h5></a> <p>Impact management explained, step by step! The Impact Protocol provides a</p> </div></div> </div> </div>  </div>  </div>  </div> </li> <li id="menu-item-31783" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children dropdown nav-item nav-item-31783 position-static"><a href="https://www.unepfi.org/regions/" class="nav-link">Regions</a> <div class="dropdown-menu multi-column columns-3"> <div class="row"><div class="container"> <div class="d-flex justify-content-between"><ul class=" depth_0"> <li id="menu-item-31785" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children dropdown nav-item nav-item-31785 position-static"><a href="https://www.unepfi.org/regions/africa-middle-east/" class="nav-link">Africa & Middle East</a> <ul class="dropdown-menu sub-menu depth_1"> <li id="menu-item-65210" class="menu-item menu-item-type-post_type menu-item-object-post nav-item nav-item-65210 position-static"><a href="https://www.unepfi.org/regions/africa-middle-east/unep-fi-regional-roundtable-africa-and-middle-east-2023/" class="nav-link">Regional Roundtable Africa and Middle East 2023</a></li> <li id="menu-item-55117" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-55117 position-static"><a href="https://www.unepfi.org/knowledge-platform/" class="nav-link">SDG-Climate Facility Project: Knowledge Platform</a></li> </ul> </li> <li id="menu-item-31788" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children dropdown nav-item nav-item-31788 position-static"><a href="https://www.unepfi.org/regions/asia-pacific/" class="nav-link">Asia Pacific</a> <ul class="dropdown-menu sub-menu depth_1"> <li id="menu-item-65208" class="menu-item menu-item-type-post_type menu-item-object-post nav-item nav-item-65208 position-static"><a href="https://www.unepfi.org/regions/asia-pacific/unep-fi-regional-roundtable-asia-pacific-2023/" class="nav-link">Regional Roundtable Asia Pacific 2023</a></li> </ul> </li> <li id="menu-item-31792" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children dropdown nav-item nav-item-31792 position-static"><a href="https://www.unepfi.org/regions/europe/" class="nav-link">Europe</a> <ul class="dropdown-menu sub-menu depth_1"> <li id="menu-item-78622" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-78622 position-static"><a href="https://www.unepfi.org/policy-and-regulation/csrd-esrs-implementation-programme/" class="nav-link">CSRD/ESRS Implementation Programme</a></li> <li id="menu-item-66945" class="menu-item menu-item-type-post_type menu-item-object-post nav-item nav-item-66945 position-static"><a href="https://www.unepfi.org/events/unep-fi-regional-roundtable-europe-2023/" class="nav-link">UNEP FI Regional Roundtable Europe 2023</a></li> </ul> </li> <li id="menu-item-31793" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children dropdown nav-item nav-item-31793 position-static"><a href="https://www.unepfi.org/regions/latin-america-caribbean/" class="nav-link">Latin America & Caribbean</a> <ul class="dropdown-menu sub-menu depth_1"> <li id="menu-item-78623" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-78623 position-static"><a href="https://www.unepfi.org/unep-fi-regional-roundtable-latin-america-caribbean-2024/" class="nav-link">UNEP FI Regional Roundtable Latin America & Caribbean 2024</a></li> </ul> </li> <li id="menu-item-31794" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-has-children dropdown nav-item nav-item-31794 position-static"><a href="https://www.unepfi.org/regions/north-america/" class="nav-link">North America</a> <ul class="dropdown-menu sub-menu depth_1"> <li id="menu-item-65209" class="menu-item menu-item-type-post_type menu-item-object-page nav-item nav-item-65209 position-static"><a 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 </div>  </div>  </div> </li> </ul> <button class="btn left-pan header-search-button d-none d-sm-block" type="button" data-form="#header-search-form" title="Search"><i class="fa fa-search"></i></button> </div> </div> </nav> <div id="header-search-form" class="header-search-form d-none d-sm-block"> <div class="container"> <div class="spacer-left"> <form class="d-flex search-form" role="search" method="get" action="/"> <div class="input-group"> <input class="form-control input-text " type="search" name="s" placeholder="Search" aria-label="Search"> <button class="btn left-pan" type="submit" title="Search"><i class="fa fa-search"></i></button> </div> </form> <p class="search-title pt40">POPULAR CONTENT</p> <div class="row"> <article class="col-12 col-md-4"> <a href="https://www.unepfi.org/themes/climate-change/2023-climate-risk-landscape/"> <img src="https://www.unepfi.org/wordpress/wp-content/uploads/2023/03/Climate-Risk-Landscape-2023-cover-scaled.jpg" class="img-fluid"> </a> <p class="top-title">07 March 2023<span class="separator"></span><span class="uppercase"><a href="https://www.unepfi.org/category/themes/climate-change/" rel="category tag">Climate Change</a>, <a href="https://www.unepfi.org/category/publications/" rel="category tag">Publications</a>, <a href="https://www.unepfi.org/category/themes/risk/" rel="category tag">Risk</a>, <a href="https://www.unepfi.org/category/themes/climate-change/tcfd/" rel="category tag">TCFD</a></span></p> <a href="https://www.unepfi.org/themes/climate-change/2023-climate-risk-landscape/"> <h5>The 2023 Climate Risk Landscape</h5></a> </article> <article class="col-12 col-md-4"> <a href="https://www.unepfi.org/events/global-roundtable-2022/"> <img src="https://www.unepfi.org/wordpress/wp-content/uploads/2022/05/Header-Clouds-2.jpg" class="img-fluid"> </a> <p class="top-title">17 May 2022<span class="separator"></span><span class="uppercase"><a href="https://www.unepfi.org/category/events/" rel="category tag">Events</a>, <a href="https://www.unepfi.org/category/events/unepfi-roundtable/" rel="category tag">Roundtables</a></span></p> <a href="https://www.unepfi.org/events/global-roundtable-2022/"> <h5>UNEP FI Global Roundtable 2022</h5></a> </article> <article class="col-12 col-md-4"> <a href="https://www.unepfi.org/industries/banking/2023-in-review-a-growing-membership-continues-ambitious-action-on-sustainable-finance/"> <img src="https://www.unepfi.org/wordpress/wp-content/uploads/2023/12/endofyeararticle-scaled.jpg" class="img-fluid"> </a> <p class="top-title">19 December 2023<span class="separator"></span><span class="uppercase"><a href="https://www.unepfi.org/category/industries/banking/" rel="category tag">Banking</a>, <a href="https://www.unepfi.org/category/themes/climate-change/" rel="category tag">Climate Change</a>, <a href="https://www.unepfi.org/category/industries/insurance/" rel="category tag">Insurance</a>, <a href="https://www.unepfi.org/category/industries/investment/" rel="category tag">Investment</a>, <a href="https://www.unepfi.org/category/themes/ecosystems/" rel="category tag">Nature</a>, <a href="https://www.unepfi.org/category/news/" rel="category tag">News</a>, <a href="https://www.unepfi.org/category/industries/policy/" rel="category tag">Policy</a>, <a href="https://www.unepfi.org/category/themes/pollution-circular-economy/" rel="category tag">Pollution & Circular Economy</a>, <a href="https://www.unepfi.org/category/themes/impact/" rel="category tag">SDGs and Impact</a>, <a href="https://www.unepfi.org/category/themes/social-issues/" rel="category tag">Social</a></span></p> <a href="https://www.unepfi.org/industries/banking/2023-in-review-a-growing-membership-continues-ambitious-action-on-sustainable-finance/"> <h5>2023 in review: A growing membership continues ambitious action on sustainable finance</h5></a> </article> </div> </div> </div> </div> </header> <main> <div class="wall w1680" style="background-image: linear-gradient(to bottom, rgba(0,0,0,0.75), rgba(0,0,0,0) 20%), linear-gradient(rgba(0,0,0,0.30), rgba(0,0,0,0.30)), linear-gradient(137deg, rgba(0,0,0,0.60), rgba(0,0,0,0)), url('https://www.unepfi.org/wordpress/wp-content/uploads/2024/02/Pollution-Header.jpg');" > <div class="container h50"><nav class="breadcrumb"><a href="https://www.unepfi.org/">Home</a><span class="divider"> / </span><a href="https://www.unepfi.org/pollution-and-circular-economy/">Pollution and Circular Economy</a><span class="divider"> / </span>Pollution</nav></div> <div class="container pt80 pb80"> <h1 class="line-blue">Pollution</h1> </div> </div> <div class="container mt-5 page-default-template"> <div class="row"> <div class="col-12 col-md-9"> <article> <div class="post-content"> <p>Just like climate change, pollution is a key driver of biodiversity loss and one of the three planetary crises we currently face. Chemical pollution poses significant threats to biodiversity, human health, as well as the quality of air, water and soil. <a href="https://staging.saicm.org/sites/default/files/documents/K2319700%5BE%5D%20-%20Global%20Framework%20on%20Chemicals%20-%20ADVANCE.pdf" target="_blank" rel="noopener">The Global Framework on Chemicals</a> adopted in 2023 at the International Conference on Chemicals Management is expected to have relevant implications for various sectors, including the financial sector.</p> <p>UNEP FI works with financial institutions to increase awareness and knowledge of pollution-related financial risks and impacts, and build capacity to mitigate pollution in high impact sectors such as agri-food systems, buildings and construction or plastics. By financing and supporting initiatives that reduce the use of harmful chemicals and promote a sustainable and just pollution-free economy, financial institutions contribute to a cleaner environment and reduced impact on human health. They also safeguard their own investments from physical, transition, regulatory and reputational risks while driving innovation, encouraging responsible supply chain practices, and accelerating the transition towards a sustainable and just economy.</p> <p>Plastic pollution poses major risks to the environment and human health. To tackle this environmental crisis, in March 2022, UN Member States endorsed a historic resolution to forge an international instrument to end plastic pollution by the end of 2024. Mobilizing financial resources at scale will be key to the success of the future instrument and will require a robust and harmonized enabling environment for financial actors. UNEP FI convened the Finance Leadership Group on Plastics in 2023 to contribute to the negotiation process and build readiness in the finance sector to address plastic pollution.</p> <h5 class="line-red">Get involved</h5> <p><strong>For banks and insurers: Join the Finance Leadership Group on Plastics</strong></p> <p>In parallel to the international negotiations to develop an international legally binding instrument to end plastic pollution, the UNEP FI-convened <a href="https://www.unepfi.org/news/leading-financial-institutions-input-into-next-round-of-negotiations-to-redirect-finance-to-end-plastic-pollution/">Finance Leadership Group on Plastics</a> comprising banks and insurers provides inputs and suggestions to negotiators on the desired outcomes of the future instrument and is helping the finance sector to take action on plastic pollution. To join the Finance Leadership Group on Plastics or find out more, please contact <a href="mailto:jan.raes@un.org">Jan Raes</a>.</p> <p><strong>For banks: Join the Principles for Responsible Banking pollution working group</strong></p> <p>A group of banks is currently supporting the development of a guide for the signatories of the Principles for Responsible Banking to deepen pollutant risk and impact assessment in their portfolios and identify alternative solutions and opportunities to prevent and reduce pollution in various high impact sectors. To join the working group on pollution or find out more, please contact <a href="mailto:juan.barrenecherestrepo@un.org">Juan Barreneche</a>.</p> <p><strong>For banks: Join the Financing Agrochemical Reduction and Management Programme</strong></p> <p>Under the Global Environment Facility’s Financing Agrochemical Reduction and Management (FARM) Programme, UNEP FI, in collaboration with UNEP, the Green Growth Knowledge Platform (GGKP) and other partners, are supporting the development of a framework for sustainable financing in the agriculture sector. Through this project, UNEP FI and partners will look at ways to prevent and reduce harmful effects of fertilizer run-off, pesticide contamination and poor management of agricultural plastics on the environment and human health. If you are working in a bank or insurance company and would like to join the programme or find out more, please contact <a href="mailto:peggy.lefort@un.org">Peggy Lefort</a><span>.</span></p> <p> </p> <h5 class="line-blue">Resources</h5> <table style="height: 553px; width: 1010px;" width="1016"> <tbody> <tr> <td style="width: 129px;"><a href="https://www.unepfi.org/publications/redirecting-financial-flows-to-end-plastic-pollution/"><img loading="lazy" decoding="async" src="https://www.unepfi.org/wordpress/wp-content/uploads/2023/10/Plastics-finance-paper-cover.jpg" alt="" width="1200" height="1697" class="alignnone wp-image-70406 size-full" srcset="https://www.unepfi.org/wordpress/wp-content/uploads/2023/10/Plastics-finance-paper-cover.jpg 1200w, https://www.unepfi.org/wordpress/wp-content/uploads/2023/10/Plastics-finance-paper-cover-768x1086.jpg 768w, https://www.unepfi.org/wordpress/wp-content/uploads/2023/10/Plastics-finance-paper-cover-1086x1536.jpg 1086w" sizes="(max-width: 1200px) 100vw, 1200px" /></a><a href="https://www.unepfi.org/wordpress/wp-content/uploads/2023/03/Report-Cover-Unlocking-Circular-Economy-Finance-in-LAC.png"></a></td> <td style="width: 12px;"></td> <td style="width: 869px;"> <p class="line-semitransparent">For all financial institutions and policymakers: <em><a href="https://www.unepfi.org/publications/redirecting-financial-flows-to-end-plastic-pollution/">Redirecting financial flows to end plastic pollution</a></em> (2023) <span>is </span>a comprehensive paper on the role and requirements of the financial sector to enable the transition towards pollution-free economies. It focuses on how the future international instrument can enable the systemic change needed to redirect global financial flows to end plastic pollution. The paper also illustrates how the required shift of financial flows can be supported by a combination of different financial actors and instruments.</p> </td> </tr> <tr> <td style="width: 129px;"><a href="https://www.unepfi.org/publications/diving-deep/"><img loading="lazy" decoding="async" class="alignnone wp-image-53782 size-full" src="https://www.unepfi.org/wordpress/wp-content/uploads/2022/03/Diving-Deep-2.jpeg" alt="" width="395" height="559" /></a></td> <td style="width: 12px;"></td> <td style="width: 869px;"> <p class="line-semitransparent">For all financial institutions: UNEP FI’s Sustainable Blue Economy Finance Initiative’s report <em><a href="https://www.unepfi.org/publications/diving-deep/">Diving Deep: Finance, Ocean Pollution & Coastal Resilience</a></em> (2022) is a science-based, actionable toolkit to align financial decision-making with a healthy ocean and a sustainable blue economy. The second chapter focuses on solid waste prevention and management and highlights the imperative need for a paradigm shift from ‘waste’ management towards one of ‘resource’ management embedded within a circular economy.</p> </td> </tr> <tr> <td style="width: 129px;"><a href="https://www.unepfi.org/industries/insurance/psi-unwrapping-the-risks-of-plastic-pollution-to-the-insurance-industry/"><img loading="lazy" decoding="async" class="alignnone wp-image-54068 size-full" src="https://www.unepfi.org/wordpress/wp-content/uploads/2019/11/PSI-unwrapping-the-risks-of-plastic-pollution-to-the-insurance-industry.jpg" alt="" width="395" height="559" /></a></td> <td style="width: 12px;"></td> <td style="width: 869px;">For insurers: UNEP’s report<em><a href="https://www.unepfi.org/publications/insurance-publications/psi-unwrapping-the-risks-of-plastic-pollution-to-the-insurance-industry/">Unwrapping the risks of plastic pollution to the insurance industry</a> </em>(2019) demonstrates that plastic pollution risks can affect insurance and investment portfolios in the form of physical, transition, liability and reputational risks. The study identifies how risks related to plastic pollution play out across insurance lines and asset classes in which insurers invest. It argues that insurers should take an active role in addressing the risks related to plastic pollution and in contributing to global efforts to reduce it, and provides key recommendations for insurers to play an active role.</td> </tr> </tbody> </table> <p> </p> </div> </article> </div> <div class="col-12 col-md-3"> <div class="sidebar"> <aside id="secondary" class="widget-area"> <section id="nav_menu-27" class="widget_nav_menu"><div class="menu-sidemenu-pollution-and-circular-economy-container"><ul id="menu-sidemenu-pollution-and-circular-economy" class="menu"><li id="menu-item-55943" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-55943"><a href="https://www.unepfi.org/pollution-and-circular-economy/pollution-and-circular-economy/">Homepage</a></li> <li id="menu-item-73879" class="menu-item menu-item-type-post_type menu-item-object-page menu-item-73879"><a href="https://www.unepfi.org/pollution-and-circular-economy/circular-economy/">Circular 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