News in Brief 11 July 2017 (PM)

Top banks join UN in promoting climate transparency

Eleven of the world’s leading banks, representing over US$7 trillion, have joined with the UN to promote climate transparency in financial markets.

The banks will develop analytical tools and indicators to strengthen their assessment and disclosure of climate-related risks and opportunities.

The effort is being led by the UN Environment Programme (UNEP).

“By improving their understanding of climate-related risks and opportunities, financial institutions are better placed to help finance the transition to a more stable and sustainable economy,” the agency said in a press release issued on Tuesday.

UN chief welcomes new Colombia mission

The establishment of a new UN political mission in Colombia has been welcomed by UN Secretary-General Antonio Guterres.

The mission will verify the reintegration of members of the rebel group FARC, which signed a peace deal with the Government in November 2016, ending five decades of conflict.

It will begin work in September, when the current UN mission in the country completes its mandate of verifying and monitoring the cease-fire and laying down of arms.

“The Secretary-General is confident that the Verification Mission will contribute to building trust and supporting the parties’ efforts to meet their mutual commitments throughout the reintegration phase, which is critical to consolidating peace,” said a statement issued by his spokesperson.

Governments support WFP in Mauritania

A US$5 million contribution from various governments will support the World Food Programme (WFP) in feeding thousands of hungry people in Mauritania.

WFP will provide cash and food transfers to roughly 77,000 people during the lean season and throughout September, improving nutrition and livelihoods in four of the six regions in the country where malnutrition is at highest levels.

The funding, announced on Tuesday, was provided by the European Union and the governments of Germany, Japan, France, Spain, Monaco, and Saudi Arabia.

Source: United Nations Radio