The project responds to the Paris Agreement objective of aligning financial flows with global climate objectives by developing and disseminating 2°C assessment frameworks to at least 100 financial institutions with investments in partner countries and developing an open source framework that can be adopted by other actors. The project will allow policymakers to measure the 2°C alignment of their capital markets, have access to a reporting framework for domestic market investors.
It will equally support the development of a climate-related risk assessment tool. The tools and dissemination activities developed in the course of the project will create the infrastructure to allow investors and banks to measure 2°C alignment for free in partner countries and access climate risk assessments, with at least 40 partner country risk assessments offered for free in the project and 100 2°C tests. The project is part of the IKI Corona Response Package.
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