Paris Alignment Principles
This new report published by Recourse in partnership with the Heinrich-Böll-Stiftung Washington, DC and other civil society organizations examines what International Finance Institutions need to do to align financial intermediary investments with the Paris agreement. Equity investments are part of financial intermediary investments and the question remains how green and socially inclusive these investments are when the responsibility to uphold environmental and social safeguards is outsourced to private clients of financial institutions.
Product details
Table of contents
Introduction
1.1 What is financial intermediary investment? Why is it important?
1.2 Why is financial intermediary lending problematic?
1.3 What is Paris alignment? Why is it important, but not sufficient to tackle climate change?
2. What are IFIs doing to align with Paris?
2.1 International Finance Corporation
2.2 Asian Development Bank
2.3 Asian Infrastructure Investment Bank
3. Why IFIs need stronger guidance to align their portfolios with Paris goals
4. Recommendations