Shared Prosperity: How Financial institutions can Partner with Indigenous Peoples for a Just Transition

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Presented by

Puleng Ndjwili-Potete (UNEP FI), Adrian (Banie) Lasimbang (REP), Michael Clements (Business & Human Rights Resource Centre), Freddie Huppé Campbell (ICE), Harold Hofenk (Triodos Bank)

About this talk

In this webinar, UNEP FI members will hear directly from Indigenous Peoples about transformative business models designed to deliver shared prosperity. Practical examples and Indigenous Peoples’ lived experiences of benefit-sharing and co-ownership will also be discussed. UNEP FI members financing energy community-led or co-led projects will also be featured. To avoid climate catastrophe, renewable energy capacity must triple in the next six years. Financial institutions play a critical role in this energy transition – as do Indigenous Peoples. Indigenous Peoples are the ancestral owners of an estimated quarter of the world’s surface and therefore play a key role in the decision-making process and management of renewable energy projects. Likewise, financial institutions play an important role in financing and insuring renewable energy projects. The transition to renewable energy must take place as part of a just transition that ensures economic and social benefits are equitably distributed through fair and equitable benefit-sharing and in alignment with the self-determined priorities of Indigenous Peoples. This webinar will serve as the official launch of the joint report "Exploring Shared Prosperity: Indigenous Leadership and Partnerships for a Just Transition," by IPRI and the Business & Human Rights Resource Centre on the role of Indigenous Peoples in ensuring a just and equitable renewable energy transition. Targeted at the financial sector, including banks, insurers, and investors, the panel discussion will highlight the critical importance of respecting Indigenous Peoples’ rights and adopting inclusive business models that align with Indigenous priorities.
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United Nations Environment Programme Finance Initiative (UNEP FI) is a partnership between United Nations Environment and the global financial sector created in the wake of the 1992 Earth Summit with a mission to promote sustainable finance. More than 240 financial institutions, including banks, insurers, and investors, work with UN Environment to understand today’s environmental, social and governance challenges, why they matter to finance, and how to actively participate in addressing them. UNEP FI’s work also includes a strong focus on policy – by facilitating country-level dialogues between finance practitioners, supervisors, regulators and policy-makers, and, at the international level, by promoting financial sector involvement in processes such as the global climate negotiations.