Overview
Climate Arc is a non-profit initiative dedicated to delivering maximum climate impact from the finance sector by enhancing transparency to tackle greenwashing and bringing coherence to metrics.
Climate Arc’s ambition is to see capital flows aligned with global climate goals. They exist to help financial actors to mainstream climate science-based data into investment decisions, supported by a global workforce with relevant skills and knowledge.
Generation Investment Management’s 2021 Sustainability Trends Report revealed that the world faces a widening gap between climate change commitments and action. After several years of rising momentum, countries representing 90% of global GDP are now committed to net-zero, along with thousands of businesses and hundreds of institutional investors, encompassing over half of all assets under management. And yet, global greenhouse gas emissions have continued to rise.
Our grant will support Climate Arc to increase the capacity of financial decisionmakers globally to align with net-zero. Climate Arc will prioritise regions in the Global South where investment in net-zero solutions and climate resilience is lacking but urgently needed.
Read more about Climate Arc’s work on their website: ClimateArc.org.