The Center for Climate-Aligned Finance at the Rocky Mountain Institute (RMI) has joined the Green Finance Platform as a new partner in green finance knowledge.
The centre was established to help financial institutions partner with their clients, industry leaders and key buyers to develop practical and scalable solutions to the barriers to climate alignment. Climate alignment offers an integrated approach and comprehensive decision framework for financial institutions to align their investments and finance flows with climate goals.
The financial sector’s role in the global sustainability agenda is a critical component as it will help drive climate-aligned solutions with a growing focus on the implementation of the Paris climate change agreement in real economy sectors.
The Center for Climate-Aligned Finance is administered independently by RMI and will collaborate with the financial sector to develop integrated solutions in partnership with industry clients in carbon-intensive sectors to drive decarbonization, as well as develop relevant metrics, tools and means for tracking progress towards a net-zero transition.
Building on RMI’s nearly 40 years of experience developing market-based solutions to accelerating the energy transition, the centre will work across industries to shape sectoral climate-alignment initiatives for high-emitting industries, based in part on RMI’s experience in helping to develop and launch the Poseidon Principles for the shipping sector.