The PACTA for Banks Software is designed to allow any user to run the PACTA analysis on their corporate lending portfolio. It is free of charge and open-source (under the MIT licence). Basic programming skills in R are required.
PACTA for Banks comprises three software packages, written in R, each with a website with instructions on how to install and use it:
Datasets to Align Financial Markets with Climate Goals
This package provides mock inputs for the PACTA analysis. It contains mock datasets that a bank can use either to practice using r2dii packages, or as templates to structure their own data as inputs to r2dii packages.
Tools to Match Financial Portfolios with Climate Data
This package matches data from financial portfolios to asset-level data from market-intelligence databases (e.g. power plant capacities) Guidance on how to use the package can be found under the Get Started tab.
Tools to Calculate Climate Targets for Financial Portfolios
This package helps you to assess if a financial portfolio aligns with climate goals based on climate scenarios. The functions here can be used to generate the three metrics described in the PACTA for Banks Methodology. Guidance on how to use the package can be found under the Get Started tab.
Tools to Visualize Climate Alignment Targets for Finacial Portfolios
This package allows you to visualize the results outputted from the r2dii.analysis package. This allows a user to see their climate scenario alignment in graphical form. Guidance on how to use the package can be found under the Get Started tab.
To report any issues, please see our guide here: How to raise an issue
This project is part of the International Climate Initiative (IKI). The Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU) supports this initiative on the basis of a decision adopted by the German Bundestag. This project has also received funding from the European Union LIFE program. The views expressed here are the sole responsibility of the authors and do not necessarily reflect the views of the funders.