Yes. Unlisted funds are covered by PCAF in a dedicated asset class ("Business Loans and Unlisted Equity"), with an adapted denominator: net asset value instead of EVIC. This covers private equity, unlisted equity investment and infrastructure financing. For cryptocurrencies, PCAF does not yet have a standardised method: the approach uses an energy footprint (network consumption × the mix’s emission factor), detailed in our guide to the carbon footprint of cryptocurrencies.
Read the source article: An investment fund's GHG emissions: the PCAF method
