CURRENT GRANTEES

Here is some of the work we’re currently supporting, with more grants in the pipeline:

• InfluenceMap
  Holding Companies Accountable on Climate Policy Engagement (LobbyMap)
  Climate Arc is funding Influence Map’s LobbyMap initiative which tracks the policy influence corporates, financial institutions, and industry associations engage in for and against climate policies. The goal of this work is to make transparent the corporate influencing against climate policies so that investors, policymakers, and other influencers can act to align climate policy with climate commitments. Lobby Map’s data and analysis provides essential information about whether companies are being consistent between their climate commitments and the policies they support and oppose.

• RMI
  PACTA 2.0
  Climate Arc is providing a grant to RMI for the Paris Agreement Capital Transition Assessment’s (PACTA) tool that helps financial decision-makers bridge the gap between their net-zero commitments and real-world investment decisions. PACTA has already proved useful in assessing the asset level data of portfolios, albeit the tool needs to be revamped. This grant will enable RMI to undertake the scoping, development and launch of PACTA 2.0. Over the period covered by the grant, PACTA will conduct a needs assessment among key PACTA users, develop iterative versions of the tool for each user group, test new version of the tool and launch PACTA 2.0.

• Science Based Targets initiative (SBTi)
  Target-setting methods and guidance for insurers
  The SBTi defines and promotes best practice that enables corporates and financial institutions to set emissions reduction targets in line with climate science. it is a partnership between the World Resources Institute, CDP, the United Nations Global Compact and the World Wide Fund for Nature. Our grant is supporting SBTi in its collaboration with the Net Zero Insurance Alliance (NZIA) to develop target-setting methods, validation criteria and guidance to enable the insurance industry to set near-term and long-term science-based net zero targets. This work builds on NZIA’s work with the Partnership for Carbon Accounting Financials on measuring emissions associated to insurance underwriting portfolios.

• TPI Global Climate Transition Centre
  Core funding 
  Arc is providing multi-year funding to support the TPI Centre, an independent, authoritative source of research and data on companies’ progress in transitioning to a low-carbon economy. Based at the London School of Economics and Political Science, the TPI Centre is scaling up key accountability tools and benchmarks that track the delivery and robustness of corporate commitments and transition plans. This informs investor decision making, including voting, board director elections and the financing of corporate and government debt.

• World Benchmarking Alliance (WBA)
  Scaling up assessments of companies’ low carbon transitions
  The WBA seeks to hold businesses accountable through creating freely available rankings that assess the progress of 2,000 of the world’s most influential companies on the Sustainable Development Goals. With Arc’s grant, WBA will more deeply integrate climate into their strategy and better meet the needs of financial institutions. This includes scaling up WBA’s benchmarking of the decarbonisation and energy transitions of companies in high-emitting sectors using the ACT methodology and strengthening engagement with investors and policy makers.

• Oxford University
  Global Resilience Index Initiative (GRII)
  The Global Resilience Index Initiative (GRII) aims to deliver the first open, globally consistent physical climate risk and resilience data and information designed to enable financial institutions, governments, civil society and international organizations to assess risks and mobilise finance and investment aligned with climate resilient development goals of the Paris Agreement. Arc’s seed grant to GRII during its pilot phase will establish a UKCGFI GRII Hub at the University of Oxford to accelerate the initiative and deliver advancements in the core data platform. Partners include the Insurance Development Forum (IDF), UN Office for Disaster Risk Reduction (UNDRR), Coalition for Disaster Resilient Infrastructure (CDRI), Coalition for Climate Resilient Investment (CCRI), and the Global Earthquake Model (GEM).