- The main objective is to build a set of new approaches that integrate climate change issues into mainstream finance. In this context, climate change issues can be seen as the tip of a larger iceberg: the need to finance the real economy and the long term.
- While the goal to limit climate change to +2°C has been officially established by world governments, the “price signal” approach promoted in the last 20 years has yielded limited results. Meanwhile, we are getting closer to a carbon-intensive future every day. It now appears necessary to use other tools that will ‘push’ available capital into financing the energy transition.
- The cornerstone of our initiative is the concept of 2° investing: a financial environment that promotes financing and investment in accordance with +2°C climate pathways. For this to become possible, new tools and new rules are needed to connect existing regulatory frameworks with emerging performance and risk assessment practices. Sustainable Finance Observatory (formerly 2DII) aims to be an open platform where experts and stakeholders who share these objectives can meet and share their ideas.
