1. The just transition is an imperative, this is now the consensus.
1. The just transition is an imperative, this is now the consensus.
In a significant development for the green investment landscape, the Climate Bonds Initiative is pleased to announce the expansion of its certification criteria from Hydrogen Production to encompass Hydrogen Delivery Infrastructure. This broadening aligns with the Paris Agreement's objectives and is in line with the EU Taxonomy, reinforcing our commitment to fostering sustainable investment in the hydrogen sector.
There is reason for optimism in Middle East and Africa. Regional sustainable finance is growing quickly to spur positive development impact at both company and community levels. By the end of Q3 2023, the Climate Bonds Initiative (Climate Bonds) had recorded cumulative volume of USD4.2tn of green, social, sustainability, and sustainability linked (GSS+) debt in alignment with its screening methodologies (aligned), plus a further USD12.7bn in unscreened bonds bearing the transition label.