The UN-convened Net-Zero Asset Owner Alliance (AOA) is aiming to develop and publish a “digital map” to climate solution investments, and has launched a tender for the attention of information and data providers who could support the work.
According to the tender documents, investors need such a map, or platform, because of a “perceived gap in the market regarding climate solutions information paired with investor relevant information”.
The aim is for the envisaged platform to serve as a “go-to place” for investors to obtain information and to be able to start investing in a broader set of climate solutions, like new technologies.
“The map should serve as a guide and catalyse for investors seeking information on low-carbon solutions from an investment perspective, building on available information, and helping to navigate through opportunities,” the Alliance said.
It wants the information on the digital platform to be accessible to non-Alliance investors free of charge.
The AOA is also envisaging that the information to be provided on the platform include expected returns, investment size, investment horizon, market size of investable climate solutions, and asset class.
The Alliance has also specified that the platform should provide information connected with technical screening criteria under the EU taxonomy, information from the International Energy Agency’s 2020 World Energy Outlook, and relevant data from the One Earth Climate Model (OECM). OECM is a detailed energy model that the AOA decided on as the basis for the development of sectoral pathways to guide Alliance members in their work.
Another source the AOA would like to see incorporated in the digital map is Project Drawdown, a non-profit organisation that reviews and analyses climate solutions on an ongoing basis.
Information providers wishing to partner with the Alliance have until 15 April to subject an application form.
The Net-Zero AOA currently counts 34 members, having recently gained Japan’s $379bn Dai-Ichi Life Insurance Company as its first Asian member. It and the Institutional Investors Group on Climate Change, which recently released a blueprint for net-zero investing for a range of investors, are in discussions about further aligning approaches to net-zero investment portfolios.