Amalgamated Foundation

For The Platform For Carbon Accounting Financials (PCAF) Project

  • Amount
    $1,500,000
  • Program
  • Date Awarded
    6/21/2019
  • Term
    36 Months
  • Type of Support
    Project
Strategies
Overview
Carbon accounting of financed emissions is foundational for aligning finance portfolios with climate change mitigation. This work seeks to (a) develop a global carbon accounting standard for financed emissions (known as the Platform for Carbon Accounting Financials, or PCAF); (b) increase the number of banks that commit to measure and disclose the carbon emissions of their loans and investments, ultimately aligning their portfolio with the Paris Agreement; and (c) provide technical assistance to the participating institutions in order to adapt the global standard to the regional context, and implement carbon accounting within their firms.
About the Grantee
Address
1825 K Street NW
Washington, DC 20006
Grants to this Grantee
for the Platform for Carbon Accounting Financials (PCAF) project  
Carbon accounting of financed emissions is foundational for aligning finance portfolios with climate change mitigation. This work seeks to (a) develop a global carbon accounting standard for financed emissions (known as the Platform for Carbon Accounting Financials, or PCAF); (b) increase the number of banks that commit to measure and disclose the carbon emissions of their loans and investments, ultimately aligning their portfolio with the Paris Agreement; and (c) provide technical assistance to the participating institutions in order to adapt the global standard to the regional context, and implement carbon accounting within their firms.

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