The Climate Bonds Standard and Certification Scheme is an easy-to-use screening tool that allows investors and intermediaries to assess the climate integrity of bonds. It provides a set of transparent, verifiable compliance measures that all certified bonds must meet. A key part of the standard is a set of sector-specific eligibility criteria that can screen assets and capital projects for the purpose of identifying and certifying only those that have climate integrity. This can be either through their contribution to climate mitigation, and/ or to adaptation and resilience to climate change.
Investor demand for green bonds and climate bonds is high, and will increase in line with the delivery of quality products into the market. Standards, assurance and certification will be essential to improve confidence and transparency, which in turn will enable strong growth of the market.
This second phase of the Water Criteria extended the scope to incorporate nature-based solutions including green and hybrid water infrastructure for such purposes as water collection, storage, treatment or distribution, flood protection, and drought resilience.