EU backs open source tool to help investors reach Paris climate target

The 2° Investing Initiative (2dii) and Beyond Ratings have launched an EU-backed open source tool which they say can help investors become Paris-aligned and assess their risk of stranded assets.

The Climate Tech Compass, which was developed with the support of EU climate innovation body Climate-KIC’s Demonstrator Later-Stage Innovation programme, allows users to roadmap the investments, energy capacity, and emissions needed in order to achieve the 2°C target across 101 d…

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