RMI has developed the Pegasus Guidelines, a voluntary climate-aligned finance framework for banks to measure and disclose the emissions of their aviation lending portfolios. The framework aims to support the aviation sector's transition to a low-carbon economy.
RMI , in cooperation with leading global banks—BNP Paribas, Citi, Crédit Agricole CIB, Societe Generale, and Standard Chartered—and in consultation with industry, experts, and additional financial institutions has developed a first-of-its-kind framework to enable banks to measure and disclose their aviation lending portfolios ’ emissions in a consistent and comprehensive manner.
Today, RMI announced the launch of the Pegasus Guidelines, the first voluntary climate-aligned finance framework for the aviation sector, designed to help banks independently measure and disclose the emissions intensity and/or climate alignment of their aviation lending portfolios compared to a 1.5°C scenario.emissions and is the fastest growing transportation sector. The industry’s success in transitioning to a low-carbon economy will rely on a significant ramp up of sustainable aviation fuels (SAF), as well as further development of hydrogen and battery-electric propulsion and fleet modernization. Financial institutions can play an important role in supporting a range of solutions for the sector through financing the technologies, projects, and companies that can contribute to a low carbon future. The aviation sector’s ability to decarbonize is dependent on driving progress across a set of key technology levers—some of which they have the ability to influence directly, and some of which will require collaboration across sectors and with policymaker
RMI Pegasus Guidelines Aviation Lending Portfolios Emissions Climate-Aligned Finance Low-Carbon Economy Sustainable Aviation Fuels Hydrogen Battery-Electric Propulsion Fleet Modernization Financial Institutions Technology Collaboration Policymakers
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