Just Transition Finance: Pathways for Banking and Insurance

Year Published

2023

Contributing Organizations

International Labour Organisation (ILO)

United Nations Environment Programme Finance Initiative

Type of Resource

Guidance

Languages

English

Relevant Topics

Core Topic

Just Transition

Topic 2

Banking

Topic 3

Insurance

Target Audience

Banks

Insurers

Relevant Geography

Global

Resource Description

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Why This Matters

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Key Insights

This is a guidance document for banks and insurance companies that sets out the role of banking and underwriting activities in promoting a just transition to low-carbon, climate-resilient economies. It details crucial elements, emerging practices, and examples, helping banks and insurers to become enablers of a just and inclusive transition. It also emphasises the financial sector's role in ensuring an equitable transition to sustainable economies.