Ahead of COP 29, PRI published a Climate Policy Roadmap for 2024/25.
The discussion paper sets out:
- The imperative to act on climate change
- PRI’s strategic approach to supporting and facilitating signatory engagement on climate
- Priorities for policy engagement and policy recommendations that can:
- Support investors in their efforts to address climate risk
- Support investors to pursue positive outcomes on climate in line with their duties
- Incentivise companies and capital market actors to accelerate delivery of the Paris Agreement, the net zero transition, and related commitments.
This paper invites discussion with signatories on climate issues from a policy perspective and serves as a resource for their own policy engagements on climate with governments.
Recommendations for policy makers in the Roadmap include the following:
- Develop a whole-of-government approach to the transition to a resilient, net zero economy. The next generation of Nationally Determined Contributions (NDCs) must be ambitious, credible platforms for investment
- Pursue foundational financial policy reforms enabling financial flows to align with a pathway towards 1.5°C
- Implement ambitious, urgent, just and equitable policy reforms that align economic activity with net-zero across all sectors of the economy
- Reform the global financial architecture to enable the transition across the global economy and accelerate capital mobilisation to EMDEs.
Download the Climate Policy Roadmap below.
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PRI Climate Policy Roadmap 2024/25
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