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I4CE in charge of the Secretariat of the “Climate Action in Financial Institutions” Initiative

26 June 2017 - Blog post - By : Alice PAUTHIER / Ian COCHRAN, Phd

On the sidelines of COP21, public and private financial institutions around the globe adopted 5 Voluntary Principles for “mainstreaming” climate change. The Initiative now renamed Climate Action in Financial Institutions gathers as of June 2017 30 financial institutions. It represents for them an opportunity to learn from each other, to disseminate good practice and lessons learned and to collaborate on areas of common interest.

I4CE appointed Secretariat of the Initiative

Based on its expertise and publication on the different topic prioritized by the initiative, I4CE has been named as the Secretariat of the Climate Action in Financial Institutions Initiative in November 2016.  As such, I4CE contributes to the work of the initiative on the following issues:

  • Provides substantive inputs to the initiative’s work program and technical elements to define Work-stream roadmaps.
  • Produces some of the deliverables of the initiative on an ad-hoc basis
  • Assists the initiative’s coordination group in facilitating collaboration between members
  • Supports the initiative’s communication efforts (Website management, newsletters, twitter, etc…)

4 Work Streams for 2017-2018

Following the adoption of a governance structure and a long-term vision for the initiative, the 30 Supporting Institutions have launched four areas of focus of work to be conducted in 2017-2018:

  • Climate risks: approaches, tools and methodologies
  • Mapping reporting initiatives and understanding implementation challenges
  • City-level climate smart approaches and financial instruments
  • Spreading a climate strategy into a whole organization

I4CE will provide in depth inputs to the different work streams.

The result of this collaboration and other reports and news related to the Work Streams will be shared between members and with non-member institutions in the new website of the initiative: www.mainstreamingclimate.org

To learn more
  • 11/05/2025 Blog post
    From Pledges to Progress: Climate Finance a Decade After Paris

    Nearly a decade has passed since the Paris Agreement elevated finance to the heart of the climate agenda, embedding in Article 2.1(c) the ambitious goal of aligning global financial flows with low-emission, climate-resilient development. But for all the talk of “shifting the trillions,” we remain far from course. 

  • 10/31/2025 Foreword of the week
    A Paris Climate & Nature Week with a touch of ‘green budget’

    We were proud to contribute to the inaugural Paris Climate & Nature Week hosted by Sciences Po from 27 to 29 October, marking the 10 years of the Paris Agreement. I4CE weighed in on some of our core topics– lessons learnt over the past decade of climate action which can accelerate the  transition; the links between climate and development finance; as well as adaptation and the cost of inaction.

  • 10/28/2025
    From targets to action: the climate finance agenda needs a new impetus in Belèm

    Ten years after the adoption of the Paris Agreement, what progress has been made to make financial flows consistent with a pathway towards low greenhouse gas emissions and climate-resilient development (the ambition set out in Article 2.1(c) of the Agreement)? And what is needed going forward? Although we still lack a comprehensive assessment of progress, this article draws on existing analysis of what can help align financial flows and examines the efforts made by governments and the financial sector to this end. It highlights a development in the debate towards a country-driven approach and a focus on real investment needs. It explores ways to overcome existing barriers to action despite a challenging global context. The article advocates that Article 2.1(c) should be viewed not as a stand-alone provision, but as something that requires full implementation of all the provisions of the Paris Agreement. It also calls for a shift from a target-focused to an action-focused finance agenda and discusses how the COP30 in Belém can contribute to this.

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