Climate Impact Analytics for Real Assets. Methodology for assessing the impact and exposure to the climatic risks of infrastructure portfolios.


The actors of infrastructure financing require operational and shared tools to contribute to carbon neutrality and manage climate risks. Thus, the CIARA method has been conceived to allow infrastructure investors to answer two questions:

  • What is the present and forward-looking impact of my infrastructure investments? Are my portfolios in phase with the Paris Agreement?
  • To what extent are my assets exposed to climatic risks, especially transition and physical risks?

This method was developed with the support of the initiative 2-infra challenge, which brings together the sector’s major financial actors. This initiative is aimed at developing new key performance indicators regarding the alignment of infrastructure portfolios on a trajectory of + two degrees and the climate risks linked to the assets subject to this change.