Why are climate investments in the Portfolio Alignment Framework treated the same as non-climate investments?
In order for the full economy to align to net zero all companies, regardless of their product and service, will need to decarbonize in alignment with a net zero trajectory. For this reason, the VCA believes that the portfolio alignment framework is a valid decarbonization approach for both general investments and climate solutions investments. Separately, the VCA aspires to develop a maturity framework for climate solutions investments to scale impact as they grow, but this will be a follow-on approach.