Connecting business and financial sector climate commitments to policy (Part 2): Assessing alignment with climate mitigation policy goals
A range of commercial services providers and civil society stakeholders have been developing methodologies to assess the alignment of the financial sector holdings and new investments with the Paris Agreement temperature goal. Building on the findings of an OECD stocktake and analysis of such methodologies, Part 2 of this session will discuss current practices, their assumptions, coverage and gaps, as well as strengths and limitations. In turn, this will allow to reflect on the extent to which available evidence is fit for purpose, both to track progress towards making finance consistent with international and national climate policy goals, as well as to contribute to informing climate-proofed investment and financial decisions.