Article 19a EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks
1. The requirements laid down in Annex III shall apply to the provision of, and contribution to, EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks, in addition to the requirements of Titles II, III and IV.
2. The Commission is empowered to adopt delegated acts in accordance with Article 49 to supplement this Regulation by laying down the minimum standards for EU Climate Transition Benchmarks and EU Paris-aligned Benchmarks to specify:
(a) the criteria for the choice of the underlying assets, including, where applicable, any criteria for excluding assets;
(b) the criteria and method for the weighting of the underlying assets in the benchmark;
(c) the determination of the decarbonisation trajectory for EU Climate Transition Benchmarks.
3. Benchmark administrators which provide an EU Climate Transition Benchmark or an EU Paris-aligned Benchmark shall comply with this Regulation by 30 April 2020.
4. Administrators that are not included in the register referred to in Article 36 shall not:
(a) provide or endorse EU Climate Transition Benchmarks or EU Paris-aligned Benchmarks;
(b) indicate or suggest, in the name of the benchmarks they make available for use in the Union or in the legal or marketing documentation for those benchmarks, that the benchmarks they make available comply with the requirements applicable to the provision of EU Climate Transition Benchmarks or EU Paris-aligned Benchmarks.
5. Administrators shall include the acronym ‘CTB’ in the name of the EU Climate Transition Benchmarks and the acronym ‘PAB’ in the name of the EU Paris-aligned Benchmarks.