Clear and Credible Standards for Sustainable Finance

Defining international best practice for labelling green entities and investments in key sectors

The Climate Bonds Standard and Certification Scheme is a voluntary labelling scheme for investments that tackle climate change. It ensures alignment with the goal of limiting global temperature rise to 1.5°C above pre-industrial levels. 

Our Certification Scheme covers general-purpose instruments, assets, and entities, with updated R&D definitions. Independent verification guarantees credibility, requiring 95% of proceeds to align with climate goals. Up to 5% of proceeds may fund projects or assets not fully aligned with eligibility criteria, provided they meet ICMA principles. 

Climate Bonds Standard Board

The Climate Bonds Standard Board is an independent body that provides oversight over the implementation and operation of the Climate Bonds Standard & Certification Scheme. Its members are leading not-for-profit organisations, collectively representing over USD 185 trillion in assets under management across the global financial system, and include: