ADFIAP Attends UNEP FI AGM, Global Roundtable

As Co-Chair of the UNEP FI Asia-Pacific Task Force Outreach Group, ADFIAP, represented by its Secretary General, Mr. Octavio B. Peralta, attended the Annual General Meeting and Global Roundtable of the United Nations Environment Programme’s Finance Initiative (UNEP FI) on October 23-25, 2007 in Melbourne, Australia. The high-profile twin events put together over 500 member-signatories and delegates from financial institutions worldwide.

The Annual General Meeting afforded UNEP FI member-signatories to update themselves on the different working group’s and task forces’ thrusts and activities for the year, to deliberate on their work programmes for 2008, and to approve administrative issues such as membership fee structure, budget and elect new steering committee representatives.

Meanwhile, the two-day Global Roundtable with the theme, “Awareness to Action”, provided the delegates with a variety of plenaries and workshops on a wide-ranging array of ‘hot’ topics on the environment such as principles of responsible investment (PRI), sustainable finance for today’s global markets, climate change and investment, financing eco-system services, carbon markets, trends in renewable energy financing, human rights and the finance sector, green hedge funds, water finance and many more.

The event was also the venue for the launches of publications and online programs such as the water-related risk management guidelines for financial institutions, the human rights guidance tool, the CEO briefing on biodiversity and ecosystem services, and the new environmental and social risk analysis e-learning programme. It was also an occasion to recognize people and institutions that are driving forces for carbon market innovation in the financial services sector or capital markets via the “Financial Leadership in Carbon Markets” Awards.

UNEP FI is a global partnership between UNEP and the financial sector. Over 160 institutions, including banks, insurers and fund managers, work with UNEP to understand the impacts of environmental and social considerations on financial performance. For more information on UNEP FI, please visit their website at

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