Software

Software

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 (<https://www.r-project.org/>), each with a website with instructions on how to install and use it:

  • r2dii.data

Website: 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.

  • r2dii.match

WebsiteTools 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.

  • r2dii.analysis

Website:  Tools to Calculate Climate Targets for Financial Portfolios

These tools help 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.

To report any issues, please see our guide here: How to raise an issue

 


Funding Information

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.