PACTA was developed by Two Degrees Investing Initiative (2DII) in partnership with academic and NGO organizations and funding from European governments.
PACTA is a free software that calculates the extent to which corporate capital expenditures and industrial assets being financed through equity, bond, or funds are aligned with various climate scenarios. PACTA for Banks enables banks to measure the alignment of their corporate lending portfolios with climate scenarios across a set of key climate-relevant sectors and technologies.
In June 2022, 2DII transferred the stewardship of PACTA to RMI to scale the impact of the tool in the financial sector and in the real economy. Under RMI’s stewardship, PACTA remains a free, independent and open-source methodology and tool.