The Partnership for Carbon Accounting Financials (PCAF) has updated its GHG emissions accounting and reporting standard for the financial sector.
The updated PCAF standard includes:
- New financed emissions methodologies covering proceeds structures, securitisations and structured products, sub-sovereign debt, and undrawn loan commitments
- Guidance on separately reporting financed avoided emissions and forward-looking emission metrics
- New insurance-associated emissions methodologies for treaty reinsurance and project insurance
