world_organizations medium MCQ

UNEP's Finance Initiative (UNEP FI) works with banks, insurers, and investors to integrate environmental, social, and governance (ESG) factors into financial decision-making and promote sustainable finance practices.

  1. True
  2. False

Answer: True

UNEP FI mobilizes private sector capital for sustainability. It develops frameworks like the Principles for Responsible Banking and Insurance, supports climate risk disclosure (TCFD), and fosters innovation in green bonds, impact investing, and just transition finance to align finance with SDGs and Paris Agreement.

Topic United Nations Environment Programme
Exam Relevance UPSC, SSC
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