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The Good Transition Plan – Climate Action Strategy Development Guidance for Banks & Lending Institutions: COP26-version

The Good Transition Plan – Climate Action Strategy Development Guidance for Banks & Lending Institutions: COP26-version

Year Published

2021

Contributing Organizations

Climate Safe Lending Network (CSLN)

Type of Resource

Guidance

Languages

English

Relevant Topics

Core Topic
Transition Plans
Topic 2
Organizational Change & Leadership

Target Audience

Banks
Financial Services Providers

Relevant Geography

Global
The Good Transition Plan – Climate Action Strategy Development Guidance for Banks & Lending Institutions: COP26-version

Resource Description

This resource provides guidance for companies on creating credible, forward-looking climate transition plans. It outlines what makes a “good” transition plan and offers a practical framework to support climate-aligned business transformation.

Why This Matters

As climate transition planning becomes a critical expectation from investors and regulators, this resource helps companies design plans that are actionable, transparent, and credible.

Key Insights

  • Defines five key elements of a good transition plan: ambition, action, accountability, engagement, and governance
  • Emphasizes integration of transition planning into core business strategy and capital allocation
  • Highlights the need for clear interim targets, policy engagement alignment, and workforce considerations
  • Supports alignment with global disclosure frameworks and investor expectations

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