FMO

Overview of climate mainstreaming approach and goals:

FMO has as its key goals SDGs 8 (Decent Work and Economic Growth), 10 (Reducing Inequalities), and 13 (Climate Action), making climate one of the central topics at FMO.  FMO’s approach to the SDGs from a policy perspective is outlined in our Sustainability Policy. There we state: “FMO aims to contribute to financing the transition in the economy, in line with the Paris UNFCCC COP 21 goal, to keep global temperature rise this century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius.”  FMO takes a multifaceted approach to this commitment through increasing investments that are substantially contributing to climate mitigation, adaptation and other environmental objectives through our “Green Label”; through our efforts for capital mobilization efforts; through our policies and exclusions; and through our measurement, monitoring, and reporting.  We continue to develop our tools for increasingly improving our management of our climate commitments and for accelerating climate finance in the markets we work in.  We work with our partners in the Dutch banking sector and with other development finance institutions to advance our commitment.

Principal Strategic Documents:

• FMO Sustainability Policy Universe
• Sustainability Policy
• Implementing FMO’s Sustainability Policy
• EDFI Climate and Energy Statement
• Commitment to Dutch Climate Accord

Principal Tools and Methodologies:

• The Partnership for Carbon Accounting Financials (PCAF)
• FMO’s Green Methodology
• The Joint Impact Model
• Sustainability Bonds Framework
• FMO’s Position Statement on Phasing out Fossil Fuels in Direct Investments
• FMO’s Position Statement on Coal
• FMO’s Exclusion List

Key reports and other materials published by the institution:

• 2020 Annual Report