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Programme

The Banking Environment Initiative (BEI)’s current workstreams


Sustainable agricultural supply chains

Context

Production of just four commodities is a major driver of deforestation, accounting for more greenhouse gas emissions than the entire global transport sector and undermining local development. Globally 1.6 billion people (one in five) depend on forests for food, water, fuel, medicines and livelihoods.

Objectives

Mobilise the banking industry to direct capital to business models that increase yields and support livelihoods while achieving zero net deforestation by 2020.


Financial regulation for sustainability

Context

Since the global financial crisis, various financial regulators have begun paying increased attention to the links between environmental and social risks and financial stability, as well as how they can help mobilise capital for solutions. At a supra-national level, the Financial Stability Board and G20 have taken a prominent role. Based on early analysis commissioned by the BEI, the G20 has asked CISL to serve as a Knowledge Partner to its Green Finance Study Group.

Objectives

Generate rigorous foundations for progressive engagement with regulators such that appropriate actions can be taken to level the playing field in support of the BEI’s mission.


Banking in the low carbon economy

Context

The likelihood of a transition to a net zero carbon economy increased with the Paris Climate Agreement. The ambition of this agreement signals a mosaic of major country-level economic transitions early this century. However, the speed and particular nature of these transitions is still ambiguous. Shareholders and regulators are stepping up the pressure for banks to manage the risks and opportunities that stem from this ambiguity, concerned by the risk of asset stranding and threats to financial stability.

Objectives

Develop a vision for the banking sector in the low carbon economy

Produce a best practice guide for Chief Executives and professionals, which focuses on leading innovations in bank practice to identify what the bank of 2030 could look like.