PCAF is the first global initiative ever created by the financial sector that enables financial institutions to measure and disclose the greenhouse gas (GHG) emissions financed by loans and investments.
Measuring financed emissions is a foundational step in assessing alignment with climate scenarios and risks, setting science-based targets, informing climate actions and reporting on progress.
As an industry-led partnership, PCAF facilitates transparency and accountability of the financial sector to the Paris Agreement.