UN Environment’s Finance Initiative, in collaboration with Climate Strategy & Partners, is organising a high-level roundtable on green tagging for energy efficiency finance as a side event to the Bloomberg Future of Energy Summit.

The UN Environment Inquiry into the Design of a Sustainable Financial System and Climate Strategy & Partners have conducted a joint study into the practices of 10 leading European banks in tagging energy efficiency finance in real estate. Since it is often integrated – or hidden – in mainstream lending activity, the practice of green tagging can help track energy efficiency finance, build up data about the performance of energy efficient lending, and thus contribute to the development of new energy efficient business models and improved risk management.

Green tagging also responds to the emerging requirements of regulators, who are increasingly looking at providing capital relief for energy efficient lending via a green supporting factor, once a solid evidence base has been established (for example, the EU Commission’s financial regulation directorate is considering a green supporting factor in the action plan resulting from the EU High-Level Expert Group on Sustainable Finance report).

This private VIP roundtable will present the findings from the study and enlist participant feedback on the future development of the practice of green tagging.

The study Green Tagging: Mobilising Bank Finance for Energy Efficiency in Real Estate can be accessed here: http://unepinquiry.org/publication/green-tagging-mobilising-bank-finance-for-energy-efficiency-in-real-estate/

4pm – 5pm

Bloomberg Future of Energy Summit, Grand Hyatt Hotel,

109 E 42nd St, New York, NY 10017

on Monday, 9th of April 2018

To attend this private high-level roundtable, please email Martin Schoenberg.