Decarbonization and Net Zero Goals
An important part of CPI’s work is developing analysis and tools to ensure public and private efforts on Paris Agreement targets are feasible, of integrity, and scalable. CPI’s work in this area includes the Framework for Sustainable Finance Integrity and the Net Zero Finance Tracker.
Featured work
Publication
Net Zero Finance Tracker
The NZFT is a first-of-its-kind collaborative and interactive data platform that aims to provide a comprehensive assessment of how private financial institutions are progressing on their climate commitments and delivering impact on the ground.
Blog
Climate Finance Reform Compass
CPI has created the Climate Finance Reform Compass to facilitate consensus and coordinate action among governments, civil society, and the private sector on the full range of international financial architecture reforms needed to meet the global climate challenge. It identifies pragmatic goals and milestones for action across nine thematic areas and 29 key reforms, noting the current status, key resources, and where we need to be by 2030. The themes below are used to organize and promote consistency across the individual reform topics included in the Compass. They align with the principles laid out in the COP28 UAE leaders’ declaration on a Global Climate Finance Framework. Our hope is that this information will help to focus efforts on actions where change could happen.
Publication
Framework for Sustainable Finance Integrity
Framework for Sustainable Finance Integrity provides first-of-its kind guide to necessary action across the public and private financial sectors
Latest work
Blog
Transforming India's Climate Finance through Sector-Specific Financial Institutions Part 3
This final blog in our series on “Transforming India’s Climate Finance Landscape” spotlights a bold opportunity: establishing a Green and Transition Finance (GTF) Window within key state-owned FIs. Building on their legacy in the power sector, this initiative could unlock targeted capital flows for emissions reduction and clean tech adoption in hard-to-abate sectors. As India advances toward its net-zero targets, the GTF Window offers a critical pathway to scale green and transition finance, derisk projects, and attract global investment.
Blog
Transforming India's Climate Finance through Sector-Specific Financial Institutions Part 2
India’s shift to sustainable energy hinges on institutions like PFC and REC. With only a third of the INR 162.5 trillion needed for climate goals by 2030 currently flowing, these entities can close the gap by financing green tech, infrastructure, and transition projects. By diversifying portfolios, issuing green bonds, and aligning with global funds, they can accelerate the low-carbon transition while managing risks like stranded assets and shifting energy needs.
Publication
Scaling transition finance for green industrial transition of the Indian Iron & Steel sector
This discussion paper provides a comprehensive framework and actionable recommendations for scaling transition finance to support the green industrial transition of India’s iron and steel sector, addressing both the needs of primary and secondary steel producers.
Publication
Unlocking transition finance for achieving net-zero emissions in Indonesia
This deep dive into Indonesia’s climate-aligned finance policy nexus explores investment gaps, barriers to sustainable finance, and policy recommendations to streamline financial sector policies to scale up climate-aligned investment and enable alternative financing instruments to support Indonesia’s decarbonization.
Blog
Decarbonizing India's Steel Industry: How Transition Finance Can Help
India’s steel sector is the largest industrial emitter, contributing 10-12% of the country’s total carbon emissions. Learn how transition finance can enable a gradual shift toward low-carbon steel production, bridging the gap until commercially viable green technologies emerge.
Publication
State of European Pension Funds’ Net-Zero Transition
This report presents an analysis of data from the Climate Policy Initiative’s Net Zero Finance Tracker (NZFT) to explore the progress of 342 European pension funds on targets, implementation, and impact for net zero.
