Definition of electricity generation / CRE loan if they are short-term debt

Hello SBTi team :grinning:

Can power generation loans and commercial real estate loans be included in short-term loans if they are shorter than one year? Could FIs exclude all short-term financing projects?


Table 5.2 of the Near-Term Financial Sector SBT Guidance, which provides minimum coverage requirements, has been updated in the draft Version 2 with more granular specifications for each asset class. If there is no differentiation in short vs. long-term mentioned for an asset class, then both are in scope.

The proposed changes are up for public consultation so we welcome your feedback/questions on this document, and two other new documents, through the survey by Aug 14.