Ensuring that climate considerations are taken into account in decision making and due diligence across all products and services

Why? As the transition to a low-carbon and climate-resilient economy is expected to require actions affecting all sectors of the economy, an institution may need to ensure that climate considerations are considered across all products and services.

How? Climate and sectoral strategies as well as screening criteria are often used to make all activities either consistent with, or contributing to, an institution’s priorities and targets on climate change. The deployment of screening criteria may require training capacity and awareness-building among staff – as well as the provision of additional operational resources so that criteria are used appropriately and effectively.