Our research suggests that certain non-cyclical, non-linear, long-term risks are actually predicable ‘white swans’. They are left in the dark by the ‘low beams’ of financial analysis that focus on the next 1-5 years.
Academic literature calls ‘Black swans’ financial risks that are unpredictable.
Our research suggests that certain non-cyclical, non-linear, long-term risks are actually predicable ‘white swans’. They are left in the dark by the ‘low beams’ of financial analysis that focus on the next 1-5 years.
Independent, non-profit think tank working to align the financial sector with international climate goals.
© The 2° Investing Initiative
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.