The Paris Aligned Investment Initiative (PAII) provides a common set of recommended actions, metrics and methodologies through which investors can maximise their contribution to achieving net zero by 2050 or sooner. The PAII was established in May 2019 by the Institutional Investors’ Group on Climate Change. The PAII’s objective is to ensure investors can decarbonise investment portfolios and increase investment in climate solutions, in a way that is consistent with a 1.5°C future.