Climate Bonds Blog
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In the ever-evolving landscape of sustainable finance, adaptability and forward-thinking are crucial. Recognising this, the Climate Bonds Initiative is pleased to announce a significant update to the Climate Bonds Standard (CBS). The Standard will now Certify not only existing physical assets but also planned assets and projects that are in development or even at the design stage. This expansion enhances flexibility for issuers and investors, offering new opportunities to support projects that will contribute to a low-carbon, sustainable future.
London, 17 September 2024 – 2024 has continued the alarming trend of shattering climate records. For 13 consecutive months leading up to July, each month surpassed its previous global heat record. July 2024 was the second hottest month ever recorded, eclipsed only by the scorching temperatures of July 2023.[1]