Paris-aligned Benchmark
From ACT Wiki
Sustainability - investment - climate change - Paris Climate Agreement - European Union (EU).
(PAB).
The EU Paris-aligned Benchmark is a standard for investments, indicating that the proposed investment is fully aligned with the aims of the Paris Climate Agreement of 2015.
This is a more demanding standard, compared with the related EU Climate Transition Benchmark.
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.
