This report studies the development of criteria for assessing the compatibility of financial investments with the international goal to limit global temperature increase to below 2°C above pre-industrial levels. The findings are intended as a starting point and a key input for a longer term process to develop consensus-based 2°C investing criteria. The focus here is placed on investments in projects and physical assets, in particular of development and climate finance organisations.

The IEA Technology Roadmap Energy-Efficient Buildings: Heating and Cooling Equipment shows how technologies such as solar thermal, heat pumps, thermal energy storage and combined heat and power for buildings have the potential to reduce carbon dioxide emissions by up to 2 gigatonnes (Gt) by 2050--around one-quarter of today"s emissions from buildings--and save 710 million tonnes oil equivalent (Mtoe) of energy by 2050.