The state of play of corporate transition planning: From theory to implementation
Oct 15, 2024 | 12:00 PM - 1:10 PMAuditorium & Online
Oct 15, 2024 | 12:00 PM - 1:10 PM
Auditorium & Online
To achieve the Paris Agreement goals, all sectors of the global economy, and in particular hard-to-abate industries, must rapidly decarbonise. Transition finance focuses on the decarbonisation pathways of all sectors of the economy, including high-emitting ones. The OECD Guidance on Transition Finance emphasises that, in order for transition finance to have environmental integrity, it must be backed by robust, credible corporate transition plans. While there is no single, universally endorsed standard, there has been significant convergence with respect to key elements of a credible corporate transition plan. Given the increasing focus on corporate transition plans, including in the G20, this session will consider the state of play of implementation efforts. To what extent are corporates developing transition plans, and to what extent are those plans credible? What further developments could lead to significant increases in the development and issuance of credible transition plans?
Related key resources
OECD Guidance on Transition Finance: Ensuring Credibility of Corporate Climate Transition Plans
