Climate Transition Benchmark
From ACT Wiki
Sustainability - investment - climate change - Paris Climate Agreement - European Union (EU).
The EU Climate Transition Benchmark is a standard for investments, indicating that the proposed investment is on a decarbonisation trajectory.
This is a relatively less demanding standard, compared with the related - and more rigorous - EU Paris-aligned Benchmark (PAB).
The aims of the climate benchmarks are to improve transparency and comparability, to reallocate capital towards climate-friendly investments and to deter misleading low carbon claims, known as greenwashing.
