Unep Finance Initiative (Unep Fi) – Regional Lead For Latin America And Caribbean

Through these services the Initiative will be able to engage a broad range of financial institutions, including commercial banks, insurers, and multi-lateral development banks and agencies in implementing global finance sector principles to catalyze integration of sustainability into financial market practice. The frameworks UNEP FI is supporting implementation include Principles for Responsible Banking (PRB) now committed to by more than 300 banks collectively holding USD 89 trillion in assets, or almost half of the global banking sector, and the Principles for Sustainable Insurance (PSI), established 2012 by UNEP FI and today applied by one-quarter of the world’s insurers (25% of world premium).

The consultant will contribute with the sustainable finance hub with members in Latin America & the Caribbean. The outcomes of services will be to strengthen the UNEP FI Latin American and Caribbean regional network, and help UNEP FI achieve its goals as set in its UNEP project documents and Principles for Responsible Banking and Principles for Sustainable Insurance. This will help member institutions to integrate sustainability into operations.

The services will also help promote sustainability into all aspects of the financial sector’s products and services. Finally, the services will help the Initiative broaden its outreach both within UNEP/UN and externally to banks, insurers, governments, regulators, the private sector, and multi-stakeholders, including supporting institutions. The consultant’s work will also contribute to upholding UN core values, ensuring that human rights-based approach, the principle of leaving no one behind and gender equality and women’s empowerment are integrated throughout their work at UNEP FI’s.