Key points
The emphasis is on activities with direct climate impacts, focusing on information that may be most useful to inform both the design of indicators of progress and public action. The aim is also to complement existing finance tracking efforts, which typically focus on secondary investments in and stocks of publicly-traded financial assets (equities and bonds), often to raise awareness of the climate impacts and risks associated with investors’ allocation decisions.
The paper is structured as follows:
- Section 2 outlines the main differences and common challenges between (only) tracking finance that contributes to climate objectives and (more broadly) tracking finance in the context of Article 2.1c.
- Section 3 explains the rationale for the proposed scope for further Article 2.1crelated finance tracking efforts, as well as its limitations, based on discussing key concepts that underpin any finance tracking work.
- Section 4 maps current data availability for the proposed scope of tracking.
- Sections 5 and 6 conclude and suggest possible next steps.