Financial institutions investing only in other project finance (e.g., infrastructure)

Current SBTi guidance states the SDA is the only applicable method for project finance and applies only to electricity generation projects. As there are no applicable methods for modelling SBTs for other project finance, does this mean a financial institution investing exclusively in (e.g.) infrastructure projects is unable to model and set a SBT for its investment portfolio (cat 15)? If so, is it correct to assume the SBTi would not validate any target modelled using another method (e.g., an absolute contraction approach)?

1 Like