World Climate Foundation: Advancing a Common Framework to Achieve a True and Global Net-Zero Economy

To keep the momentum up for COP27 in 2022, businesses, investors and governments that are serious about fulfilling net-zero emissions pledges before 2050, must design and enact transition plans that are legitimate, robust, and scientifically sound backed by global reporting and tracking framework on 1.5°C no/low overshoot as outlined in the goals of the Paris Agreement on Climate Change. To keep the momentum up forCOP27in 2022, businesses, investors and governments that are serious about...
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To keep the momentum up for COP27 in 2022, businesses, investors and governments that are serious about fulfilling net-zero emissions pledges before 2050, must design and enact transition plans that are legitimate, robust, and scientifically sound backed by global reporting and tracking framework on 1.5°C no/low overshoot as outlined in the goals of the Paris Agreement on Climate Change.

The OECM datasets provide open datasets for download not only for the financial sector to align their investment, insurance, lending and underwriting activities, but to everyone; for businesses, policymakers, and other scientists to have access to powerful tools that allow them to advance towards a true net zero economy around the world.

Investors from all parts of the globe can utilise the OECM framework to ensure their net-zero transition plans are in line with Paris Agreement 1.5°C no/low overshoot targets.

"OECM is an extremely valuable basis for asset managers, especially smaller ones like us, in setting portfolio carbon reduction targets as it provides essential sector level granularity for evaluating the decarbonisation efforts of investee companies. As it stands, we are likely to make use of it in our portfolio decarbonisation efforts," says Valdur Jaht, Partner & Investment Manager at Avaron Asset Management.

"The Climate Investment Coalition understands that beyond new net-zero commitments, short-term, actionable targets must be set and implemented in order to achieve transition plans that are in line with Paris Agreement 1.5°C targets. OECM framework provides a tool that will support investors in their net-zero target-setting and portfolio steering for real world impact" says Peter Damgaard Jensen, Co-Chair, Climate Investment Coalition 

Find the data sets and more information here:­­

The Climate Investment Coalition continues its investment roadmap to COP27 and COP28 in support of the OECM and are engaging with global organisations, initiatives and stakeholders leading the change in catalysing the net-zero economy.

The World Climate Foundation is proud to act as Secretariat to the Climate Investment Coalition. Connect with us to engage on a journey towards a better future together at [email protected]

For more information:

Pauline Ledermann, Project Manager, World Climate Foundation
[email protected], +4540830497

The following files are available for download:

Cision View original content:https://www.prnewswire.co.uk/news-releases/world-climate-foundation-advancing-a-common-framework-to-achieve-a-true-and-global-net-zero-economy-301649471.html

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