1 See 2DII resource (accessed September 9, 2020); available at: 2degrees-investing.org/resource/pacta/. 12 See 2DII: PACTA methodology reaches new milestones (published July 29, 2020); available at: 2degrees-investing.org/pacta-methodology-hits-new-milestones/. 2 See 2DII: PACTA: Taking the Temperature of Financial Assets (the last call was given on September 9, 2020); available at 2degrees-investing.org/resource/pacta-taking-the-temperature-of-financial-assets (`PACTA: Taking the Temperature`). The results of the PACTA 2020 climate impact test will be presented to Swiss participants on 19 and 20 November. Participation in these workshops is limited to participating institutions. If you have participated in the Swiss PACTA 2020 test and have not yet received an invitation to the workshop, please email us email@example.com. Based on a large climate-related financial database, the tool creates a bespoke, confidential report that allows users to study the direction of their portfolios with climate references and allow comparison with their colleagues. The tool also has a stress test module that can be used by superiors and their regulated units. The PACTA tool is open source and can be run with any data set structured to PACTA specifications. The online version provided by The Investment Initiative 2 uses Asset Resolution data related to financial instruments, scenario data from the International Energy Agency and public information collected by Initiative 2.
The Net Zero Investment Hub, in partnership with Schroders, will be available as part of its support for the world`s first net zero festival this fall. All content in the hub is editorial, unless otherwise stated. The free tool allows users to measure the direction of their business loan portfolios using climate scenarios to important climate-related sectors and technologies, according to the think tank. It also helps banks identify their risk of transition risk from a disruptive transition to a low-carbon economy. To date, PACTA has been used by more than 1,500 financial institutions worldwide, as well as by supervisory authorities and central banks, to evaluate their regulated units (z.B. On average, more than 600 portfolios are tested with PACTA each month.