Investing in climate solutions: Renewable energy generation infrastructure - November 2024

IIGCC Investing in climate solutions: Renewable energy generation infrastructure 2 Investing in climate solutions: Renewable energy generation infrastructure About this paper This paper establishes guidance for investors to consider in their approach to quantifying their contribution to scaling renewable energy generation within the infrastructure asset class. [...] Either of these exercises could be useful to inform decision-making on setting an appropriate climate solutions allocation objective, based on what is needed to support the transition (and therefore what is needed to support investors to achieve their voluntary net zero commitments) and what is currently available in the market, in the context of an investors’ own priorities, mandates and fiduciar. [...] The reason for excluding T&D and storage from this guidance is that the operational metrics used to measure the climate performance of these investments have yet to be determined and are likely to require a different approach to those used to assess generation. [...] IIGCC Investing in climate solutions: Renewable energy generation infrastructure 9 3 Objective-setting and supportive disclosures This section establishes an approach for primary and secondary markets for investors to consider in setting objectives and monitoring performance on scaling renewable energy generation, including contributing to the global tripling renewable energy capacity goal for 203. [...] Potential benefits Potential drawbacks Financed installed Ќ Articulates both the contribution the Ќ Doesn’t directly represent capacity entity is making to decarbonise the the ultimate impact on The installed power system and to support the energy supply due to capacity26 associated global tripling renewables goal variations in capacity to the investment Ќ Once attributed, this metric is factor by.