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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.
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 mobilize investment for a just, sustainable transition.
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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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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 with net-zero goals.
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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.
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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.
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Financing Nature’s Adaptive Capacity
This report, developed with support from iCS, highlights how innovative finance can unlock private investment for nature-based solutions that enhance climate resilience, drawing insights from five global case studies.
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Green Investment Opportunities in India
The 2025 Green Investment Opportunities in India report by CPI and IIC maps near-term, climate-relevant, and economically viable investment opportunities across clean energy, resilience, and decarbonization sectors.
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Global Landscape of Climate Finance 2025: EMDE Spotlight
Finance for emerging markets and developing economies (EMDEs) is key to combating the global climate crisis and driving sustainable growth. The Global Landscape of Climate Finance 2025: EMDE Spotlight reveals how these economies are mobilizing climate investment and identifies the opportunities, policies, and financial innovations needed to accelerate a just, global transition.
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The South African Climate Finance Landscape 2025
The South African Landscape of Climate Finance 2025 offers the first biannual update of national climate finance flows, analyzing how funds are mobilized, channeled, and deployed across sectors. It provides evidence to help policymakers, investors, and partners scale, coordinate, and target finance more effectively to drive South Africa’s Just Transition and development goals.
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Where Does Brazil Stand with the Implementation of the Forest Code? – 2025 Edition
A new publication by CPI/PUC-Rio presents the executive summary of the report “Where Are We in the Implementation of the Forest Code?”, which provides an updated overview of the status of CAR and PRA implementation in all Brazilian states.
