Play Your Part

Documents to comment on and calls for papers

Among other areas, modern democracies require free, prior, informed consent and regular stakeholder engagement to work. The same applies to the world of sustainable finance. However, even with the best of intentions, it’s not always easy to keep up with opportunities to engage with sustainable finance policies.

Which is why we have decided to start to alert you to climate-related financing and financial sector policies - including standard processes - that are open for public comment and are relevant at a global, African and South African level.

Check them out here as they become available.

Consultation on entity-level Transition Finance Guidelines

Deadline: 30 January 2026

Following the feedback received through the UK consultation over the summer, the Transition Finance Council has continued to iterate its ‘Transition Finance Guidelines’ to support capital providers identify credible transition finance opportunities.

The Guidelines focus on entity level financing in transitioning corporates or real asset operators (or ‘entities’).

The objectives of the Guidelines are to:

Create consistent minimum expectations for transition finance - these may be applied to entities across different sectors and jurisdictions, including those without formal transition plans.
Allow a practical assessment of credible transition - using Factors to assess the capacity of the entity to deliver expected decarbonisation and financial outcomes in the near- and mediumterm.
Complement existing frameworks - be interoperable with existing global and domestic frameworks applicable in different parts of the market for transition finance.

For the Guidelines to continue evolving and be globally interoperable, the Transition Finance Council is seeking international input. Our global consultation is open from the 3rd November 2025 until the 30th January 2026.

Visit the Transition Finance Council website or email transitionfinancecouncil@cityoflondon.gov.uk to help shape a market-led solution to scaling transition finance.

Have your say by completing the online form. The global consultation is open until 30 January 2026 at 12:00 GMT.

DOWNLOAD THE HIGH-LEVEL SUMMARY

SBTi releases second draft corporate net-zero standard V2 for consultation

Deadline: 12 December 2025

The Science Based Targets initiative (SBTi) has released a second draft of its revised Corporate Net-Zero Standard for

public consultation.

Informed by feedback from the first public consultation and expert working groups, the updated draft reinforces scientific integrity while improving clarity, actionability, and usability - helping businesses translate science-based ambition into credible action.

The draft Standard aims to accelerate corporate decarbonization by:

Making science-based climate action more accessible and actionable to empower more companies to set and implement ambitious targets and deliver measurable progress.
Bringing forward a stronger, more inclusive framework, with enhanced differentiation reflecting the operational realities of different sectors and geographies.
Providing a focused and flexible framework to address both operational and value chain emissions.
Providing an end-to-end cycle that incentivises ambition and recognizes progress achieved at the end of

the target cycle.

Introducing a new recognition mechanism to incentivize companies taking early, voluntary action to address the impact of their ongoing emissions.

As the SBTi’s flagship framework designed to accelerate ambitious and credible corporate climate action, the Standard already provides businesses worldwide with the science-based tools they need to successfully manage net-zero transition risks and opportunities, to remain competitive in an increasingly carbon-constrained world.

Introducing a simpler, more streamlined structure and innovative approach, the proposed Standard draft aims to make net-zero target setting easier to understand, apply, and scale across sectors and regions, while maintaining alignment with global climate goals.

Explore the second draft of the Corporate Net-Zero Standard V2 with the digital consultation guide.

Here you can download the draft, respond to the consultation survey or download the survey.

For any questions regarding the survey or the consultation process, please contact standards@sciencebasedtargets.org.

The consultation period has been extended to 12 December, 2025 at 09:00 GMT.

DOWNLOAD THE DRAFT