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2DII’s 1in1000 program, in partnership with the SOAS Centre for Sustainable Finance, has launched a new climate stress-test simulation game that allows users to simulate different strategies and choices around the design of climate-related stress-tests and scenario analysis.

The simulation game is a capacity building tool for financial institutions, financial supervisors, and central banks, offered by 2DII and the SOAS Centre for Sustainable Finance. It is also part of the SOAS Green Finance Masters Course. It allows participants to walk through the different choices of environmental data, financial data, and stress-test models, simulate a combination of different approaches, and test different parameters within choices.

We are currently applying the simulation game as part of two capacity building programmes with financial supervisors. The simulation game will be further enhanced and developed with the support of the Centre for Systems Solutions (CRS), funded by UK PACT. The enhanced simulation game will also include potential climate actions by financial institutions and will integrate potential feedback loops and systemic risks. We will apply the enhanced game with roughly 30 Colombian pension funds and banks in September 2022.

If you or your institution are interested in finding out more about the simulation and how it can help your organization build capacity on climate stress-tests, please contact Jakob at 2degrees-investing.org.

About our funders: This work was originally developed with the financial support of UN Principles for Responsible Investment and Climate-KIC. It will be further enhanced with the support of the Centre for Systems Solutions (CRS), funded by UK PACT.

   

2DII today announced it is transferring stewardship of the Paris Agreement Capital Transition Assessment (PACTA) to RMI, formerly Rocky Mountain Institute. PACTA measures financial portfolios' alignment with various climate scenarios, including those consistent with the Paris Agreement. Under RMI’s stewardship, PACTA will remain a free, independent, open-source methodology and tool, and will continue to provide the financial and supervisory community with forward-looking, science-based scenario analysis to help users make climate-aligned financing decisions. RMI will invest in scaling up PACTA’s usability and applicability in day-to-day investment decisions as well as reporting requirements.

Access the full press release here: https://2degrees-investing.org/2-investing-initiative-transfers-stewardship-of-pacta-to-rmi/In the coming weeks, we will update this website with additional information. For now, please note that all contact information remains unchanged. 

2°Investing Initiative is delighted to announce its strategic alliance with The Sustainable Finance Observatory!