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Climate Tools Workshop

Aligning climate targets, pledges and actions of financial institutions and corporations with the Paris Agreement

Ahead of PRI in Person, 2° Investing Initiative and Beyond Ratings, with support from the Institut Louis Bachelier, are delighted to invite you to a Climate Tools Workshop on ways to align climate targets, pledges, and actions with the Paris Agreement goals.

2° Investing Initiative will bring together asset owners, asset managers and technical experts to discuss ways to foster interaction between investors and companies, develop a more comprehensive understanding of their needs for climate-related tools, as well as showcase and gather feedback on existing and emerging tools.

Since COP21, climate alignment target-setting by investors and banks has evolved into a popular concept accepted by mainstream financial institutions and governments.

However, until now, target-setting has mostly been seen by large financial institutions as a way to measure changes in the climate assessment of their portfolio by improving the value of the underlying indicator to communicate on progress, rather than one to drive impact in the real economy.

In order to drive actual impact but also to comply with marketing regulations, it is critical to establish market standards on:

  • What is a relevant target from a technical perspective? (discussion on current target frameworks)
  • How to evaluate investment and impact opportunities triggered by the Paris Agreement objectives?
  • How to measure and report progress toward climate targets?How to implement a climate strategy and what existing tools can support investors’ actions?

A number of our own ongoing initiatives are related to those issues, notably the following:

  • The creation of a comprehensive PACTA climate toolkit with new functionalities such as a target-setting simulator, company reports consultation module, stress testing excel tool
  • The development of a model to identify investment opportunities arising under a 2°C carbon budget in partnership with Beyond Ratings, now part of the Information Services Division (ISD) of London Stock Exchange Group (LSEG).

Why attend?

  • Learn from industry experts on existing and emerging climate-related tools
  • Hear from investors and corporates on how these tools are shaping their actions
  • Influence the development of emerging tools and methodologies for measuring the impact of climate actions

Program

  • 16:50 – 17:00: Welcome
  • 17:00 – 17:20: Introduction: Shifting the economy toward the objectives of the Paris Agreement
  • 17:20 – 17:50: Support technology pathways assessment within the Financial sector: Presentation of the methodology & concept, functionalities and case study
  • 17:50 – 18:10: Q&A and roundtable discussion
  • 18:10 – 18:40: Setting decarbonisation targets for Institutional Investors: Deep dive into PACTA target setting module, methodology and concept
  • 18:40 – 19:00: Q&A and roundtable discussion

The workshop will be followed by an hour of networking drinks organized at Chai Brongniart 33 Place de la Bourse, 75002 Paris.

 

About our funders: This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 785087.

09.09.19
Paris

Palais Brongniart, 16 place de la Bourse, 75002 Paris

Host

2° Investing Initiative and Beyond Ratings

Speakers

Simon Messenger, France and UK Director, 2° Investing Initiative; Rodolphe Bocquet, CEO, Beyond Ratings; Emeric Nicolas, Head of Data Science and Systems, Beyond Ratings; Emmeline Stein, Analyst, 2° Investing Initiative

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Ahead of PRI in Person, 2° Investing Initiative and Beyond Ratings, with support from the Institut Louis Bachelier, are delighted to invite you to a Climate Tools Workshop on ways to align climate targets, pledges, and actions with the Paris Agreement goals.

2° Investing Initiative will bring together asset owners, asset managers and technical experts to discuss ways to foster interaction between investors and companies, develop a more comprehensive understanding of their needs for climate-related tools, as well as showcase and gather feedback on existing and emerging tools.

Since COP21, climate alignment target-setting by investors and banks has evolved into a popular concept accepted by mainstream financial institutions and governments.

However, until now, target-setting has mostly been seen by large financial institutions as a way to measure changes in the climate assessment of their portfolio by improving the value of the underlying indicator to communicate on progress, rather than one to drive impact in the real economy.

In order to drive actual impact but also to comply with marketing regulations, it is critical to establish market standards on:

  • What is a relevant target from a technical perspective? (discussion on current target frameworks)
  • How to evaluate investment and impact opportunities triggered by the Paris Agreement objectives?
  • How to measure and report progress toward climate targets?How to implement a climate strategy and what existing tools can support investors’ actions?

A number of our own ongoing initiatives are related to those issues, notably the following:

  • The creation of a comprehensive PACTA climate toolkit with new functionalities such as a target-setting simulator, company reports consultation module, stress testing excel tool
  • The development of a model to identify investment opportunities arising under a 2°C carbon budget in partnership with Beyond Ratings, now part of the Information Services Division (ISD) of London Stock Exchange Group (LSEG).

Why attend?

  • Learn from industry experts on existing and emerging climate-related tools
  • Hear from investors and corporates on how these tools are shaping their actions
  • Influence the development of emerging tools and methodologies for measuring the impact of climate actions

Program

  • 16:50 – 17:00: Welcome
  • 17:00 – 17:20: Introduction: Shifting the economy toward the objectives of the Paris Agreement
  • 17:20 – 17:50: Support technology pathways assessment within the Financial sector: Presentation of the methodology & concept, functionalities and case study
  • 17:50 – 18:10: Q&A and roundtable discussion
  • 18:10 – 18:40: Setting decarbonisation targets for Institutional Investors: Deep dive into PACTA target setting module, methodology and concept
  • 18:40 – 19:00: Q&A and roundtable discussion

The workshop will be followed by an hour of networking drinks organized at Chai Brongniart 33 Place de la Bourse, 75002 Paris.

 

About our funders: This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 785087.

Independent, non-profit think tank working to align the financial sector with international climate goals.

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2DII today announced it is transferring stewardship of the Paris Agreement Capital Transition Assessment (PACTA) to RMI, formerly Rocky Mountain Institute. PACTA measures financial portfolios' alignment with various climate scenarios, including those consistent with the Paris Agreement. Under RMI’s stewardship, PACTA will remain a free, independent, open-source methodology and tool, and will continue to provide the financial and supervisory community with forward-looking, science-based scenario analysis to help users make climate-aligned financing decisions. RMI will invest in scaling up PACTA’s usability and applicability in day-to-day investment decisions as well as reporting requirements.

Access the full press release here: https://2degrees-investing.org/2-investing-initiative-transfers-stewardship-of-pacta-to-rmi/In the coming weeks, we will update this website with additional information. For now, please note that all contact information remains unchanged.