Following public consultation, ADEME shares its updated draft ACT Finance methodologies :
Contributions from various stakeholders have improved the clarity and consistency of draft methodologies.
The main changes are:
- more detailed definitions helping to capture the low-carbon and transition shares of portfolios;
- improved qualitative standards for engagement assessment;
- unified articulation between lending and capital market activities regarding quantitative aspects of the banking methodology.
The methodologies will now be road-tested with 25 financial institutions: banks, asset managers and asset owners.
Final methodologies and a road-test report will be published in Q4 2023.