Official Signing and Global Launch of the Principles for Responsible Banking

submitted by unepfi on 09/01/21 1

More than 40 bank CEOs from all five continents have personally committed to come to New York on 22nd and September 2019, to join United Nations Secretary-General António Guterres and United Nations Environment Programme (UNEP) Executive Director Inger Andersen to launch the UN Principles for Responsible Banking. The Principles will open the door to leverage the power of the US$ 134.1 trillion banking industry, which is responsible for more than two-thirds of all financing globally, and 90% of financing in developing countries – making their engagement critical to achievement of the Sustainable Development Goals (SDGs). Already endorsed by 130 banks from over 45 countries representing more than US$47 trillion in assets and with that over one third of the global banking industry, the Principles are the most significant mechanism ever created jointly between the UN and the global banking industry.

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