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.

Downloads