Giving Compass' Take:
- Here are some significant trends and themes this year for climate finance as more and more businesses are making net-zero pledges.
- How can donors contribute to effective and strategic climate finance planning?
- Read about climate justice here.
What is Giving Compass?
We connect donors to learning resources and ways to support community-led solutions. Learn more about us.
When RMI launched the Center for Climate-Aligned Finance in 2020, the concept of climate-aligned finance was in its infancy. In 2021, it matured rapidly as net-zero pledges became the new norm in the financial sector, particularly in the West.
As we begin 2022, we look ahead to some major themes likely to emerge this year.
- Financial institutions will substantiate their climate alignment commitments
- Transition plans will be published and assessed
- Financial institutions will be held accountable for targets linked to 'real economy' impact
- Better forward-looking data, more forward-looking metrics
- The focus on high-emitting sectors will widen and deepen
Read the full article about climate finance by Elizabeth Harnett & Shravan Bhat at GreenBiz.