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A framework for alignment with the Paris Agreement: Why, what and how for financial institutions?

The I4CE in collaboration with the Climate Policy Initiative (IPC), the International Development Financing Club and with the support of the European Climate Foundation (ECF) have prepared this discussion document where a framework is proposed to be used by the financial institutions seeking to align strategies and operations with the Paris Agreement. Building on an analysis of how the Paris Agreement has reframed climate action from a focus on short-term incremental scale-up of adaptation and mitigation actions to emphasizing long-term transformation of economies and societies, the alignment framework of I4CE specifies three dimensions for action:

A comprehensive scope of action.

A long-term time horizon to guide impact.

An ambitious contribution scale.