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Tracking the Transition: Global private financial institutions’ progress toward net zero
Financial Institutions (FIs) are essential enablers of transition efforts, as their core function as owners and financiers dictates whether the global economy transitions to low-carbon, resilient pathways or remains locked into vulnerable, high-emission systems. Based on CPI’s NZFT data, this report analyses transition progress on 1,500 private FIs from 67 countries.
CPI is an analysis and advisory organization with deep expertise in finance and policy. Our mission is to support governments, businesses, and financial institutions in driving economic growth while addressing climate change.
Featured work
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Climate Finance Reform Compass
The Climate Finance Reform Compass is a dynamic tool developed by CPI to track, align, and accelerate progress on climate finance reforms globally and in Brazil. By translating high-level commitments into concrete milestones, it helps governments, financiers, and civil society coordinate action and ...
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Landscape of Climate Finance in Brazil
In this first-of-its-kind report, CPI/PUC-RIO tracks and analyzes climate finance flowing to and within Brazil, across all actors – domestic and international; public and private – between 2019 and 2023.
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Fit-for-Purpose Forest Finance: A Menu of Financial Mechanisms
A new study by CPI/PUC-RIO identifies 30 international financial mechanisms currently mobilizing capital to advance forest objectives around the world.
Latest work
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Bottom-up Climate Finance Needs
CPI’s bottom-up climate finance needs analysis can help identify the largest gaps at the country level, track progress against climate targets, and better inform decision-makers and financial institutions on how to increase the speed, scale, and quality of climate finance.
Data Visualization
Bottom-up climate finance needs
This dashboard covers the climate finance required for countries to reach their national climate climate targets, as stated in official documents such as NDCs.
Data Visualization
Indonesia Power Sector Finance Dashboard (2019-2023)
The Indonesia Power Sector Finance Dashboard showcases recent trend analysis of investments in the country’s renewable energy vs fossil fuel power plants. It also includes a deep dive into investments that flow through state-owned electricity firm PLN to show how those investments particularly impac...
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Net Zero Finance Tracker
The Net Zero Finance Tracker (NZFT) provides the most robust and transparent data on the financial sector’s climate transition, informing policy direction, investment strategy, and advocacy decisions.
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Developing an Operational Transition Finance Definition for Project-level Financing
Building on CPI expertise in tracking project-level investment via the Net Zero Finance Tracker (NZFT), this work highlights metrics for achieving meaningful impact in the real economy. The resulting operational approach informs the current NZFT, providing a more precise view of financial alignment ...
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Carbon Rating Framework - Phase 2
The Carbon Rating Framework Phase 2 builds on Climate Policy Initiative’s ongoing effort to integrate emissions performance into financial decision-making. As India advances toward its net-zero and Paris Alignment goals, the financial sector faces growing demand for tools that can systematically ass...
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IDFC Green Finance Mapping 2025
The IDFC Green Finance Mapping 2025 report provides the latest assessment of green finance commitments from 27 national and regional development banks. It tracks progress toward climate and environmental goals, analyzes trends in mitigation, adaptation, and biodiversity finance, and highlights the I...
Blog
How big is the net zero finance gap?
CPI’s third annual study with law firm A&O Shearman analyzes the differential between committed climate finance and the capital needed to decarbonize the global economy by 2050, along with policy developments that influence the trajectory of global climate finance.
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Tapping the Potential of Agriphotovoltaics in India
This joint study by CPI and the PFI presents the first detailed policy, regulatory, and financial analysis of Agriphotovoltaics in India. The report sets out a multi-stakeholder roadmap to unlock deployment, recommending reforms in procurement, land-use policy, tariff design, and financing.
