The Paris Agreement is now more than 5 years old, when 195 nations agreed to implement the measures needed to reduce global warming and combat the foreseeable impacts of climate change.

Since then, several initiatives have emerged to strengthen and implement the Agreement through new government policies, the establishment of new strategies and the revision of business plans. All of this with the aim of facilitating the transition to a lower carbon economy.

Within this framework, in June 2020, and as a result of the efforts of the Climate Ambition Alliance created months earlier, UN Race to Net Zero alliance was formed, which was joined by 120 countries and more than 2,162 companies, 708 cities, 23 regions, 127 investment groups and 571 educational institutions.

In this context, UNEP FI, the Sustainability Academy of the eco. business Fund, the Inter-American Development Bank (IDB), the Principles for Responsible Investment (PRI), the Spanish Centre for Sustainable and Responsible Finance (FINRESP), with the collaboration of the Chilean Public-Private Roundtable on Green Finance, the Paraguayan Roundtable on Sustainable Finance (MFS), the Ecuadorian Sustainable Finance Initiative, the Bolivian Roundtable on Sustainable Finance (MFS), the Sustainable Finance Working Group of Panama, the Mesa de Chile, the Laboratório de Inovação Financeira (Brazil), the Laboratorio de Innovación Financiera (Mexico), Spainsif, Deloitte and 2dii, and with ComunicarSe, Diario Sustentable, País Circular, Diario Responsable and Corresponsables as Media Partners, are organising in November a Webinar Series on “UNEP FI’s Financial Partnerships in the Race to Zero Net Emissions”.

The third webinar on the Net Zero Insurance Alliance took place on November 29, 2021, discussed the Net Zero Insurance Alliance and how insurance companies are tackling the fight against climate change and the initiatives they are adhering to to do so.