In an article for Forbes, Giel Linthorst, director in Guidehouse's Energy, Sustainability, and Infrastructure segment, explains how the Partnership for Carbon Accounting Financials (PCAF)* offers a framework used by financial institutions to measure the carbon impact of loans and investments. While there is increasing pressure on financial institutions to act responsibility and stop financing fossil fuels, demonstrating the impact of investment on emissions is the only way to show the importance of realigning finance, Linthorst says.
*Guidehouse serves as the organization's secretariat.
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