56 : Climate Finance & Impact Measurement | Daisy Pacheco, RMI

🎙️In this episode, we dive deep into the world of climate finance with our special guest, Daisy Pacheco, a senior associate at RMI. Daisy shares her insights on how the financial sector can drive the transition to a low-carbon economy and the crucial role of data in this journey. 🌟 Episode Highlights: Exploring Climate Finance: Dive into the critical importance of climate finance in achieving net-zero emissions by 2030. Role of Financial Institutions: Learn how financial institutions like banks, asset managers, and insurance companies measure the alignment of their portfolios with climate goals. Understand the different motivations and outcomes for various types of financial institutions. PACTA Methodology: Get a clear explanation of the Paris Alignment Climate Transition Assessment (PACTA) methodology. Daisy explains how PACTA helps financial institutions assess the alignment of their lending and investment portfolios with climate scenarios, providing a snapshot of their current alignment and a forward-looking perspective. Data and Disclosure: Understand the importance of both qualitative and quantitative data in climate finance. Daisy discusses the types of data used in PACTA, including financial portfolios, climate scenarios, and real-sector company information, and the challenges of data accuracy and consistency. Impact and Implementation: Hear about Daisy's work with financial supervisors and the technical capacity building provided to implement PACTA. Learn how this methodology empowers institutions to assess and manage climate risks more effectively. 📚 Resources Mentioned: Asset Impact: https://asset-impact.gresb.com/ PCAF: https://carbonaccountingfinancials.com/standard IPCC:https://www.ipcc.ch/ Climate Courses: - Principles of Sustainable Finance https://www.coursera.org/learn/sustainable-finance - The Finance of Climate Change https://www.coursera.org/learn/the-finance-of-climate-change - The Oxford Sustainable Finance Grouphttps://www.smithschool.ox.ac.uk/oxford-sustainable-finance-group/research/teaching Stay tuned and enjoy this episode full of insightful discussions and practical advice on integrating data with sustainability efforts. Don't forget to subscribe and leave a review if you find our content valuable! 🌱📈