Status: NOT YET AVAILABLE. The Hydropower Criteria will hopefully be ready for use in certifications by the end of 2020. Please contact certification@climatebonds.net if you have queries about certification.
Frequently Asked Questions
Why do we need Climate Bonds in Hydropower? What type of hydropower projects can be financed via climate bonds? Click here to read what our most frequently asked questions are regarding the Hydropower Bond Criteria and the Consultation Process.
Hydropower Criteria
CBI’s draft Hydropower Criteria provide guidance for developers on ensuring climate change resilience, improving environmental and social sustainability. Projects adhering to the Criteria strengthen their credibility and increase their access to responsible investment options.
Hydropower Criteria Background Paper
In this background paper, learn how the Paris Agreement shaped the Hydropower Criteria to ensure sustainable development, without compromising economic development and access to electricity. The background paper explains how the Hydropower Criteria applies to all types of projects interested in securing responsible financing.
Hydropower TWG and IWG
The TWG brings together a host of industry, environmental, technical and water experts drawn from international NGOs, government and academia. TWG processes will be conducted through regular meetings and bilateral consultations, organised around evolving draft documents. The Criteria developed by the TWG is reviewed regularly by the Industry Working Group made up of experts from the hydropower industry and financial sphere to ensure their usability for the climate and green bond market. Once developed, Draft Criteria will then be opened for public and industry stakeholder consultation. Feedback will be reviewed before being submitted to the Climate Bonds Standard Board for consideration.
Hydropower Technical Working Group:
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WWF |
International Hydropower Association |
Alliance for Global Water Adaptation |
International Institute for Environment and Development |
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Water and Power Law Group PC |
Norwegian Ministry of Petroleum and Energy |
State Secretariat for Economic Affairs |
National Planning Commission, South Africa |
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IUCN Global Water Programme |
Great Rivers Partnership, TNC |
REN21 |
International Hydropower Association (IHA) |
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Independent Consultant |
UNESCO-IHE Institute for Water Education |
TNC Jorge Gastelumendi Senior Policy Advisor |
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TWG Observers | Technical Consultant | ||
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World Bank Group |
World Bank Group |
Climate Bonds Initiative |
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Hydropower Industry Working Group (IWG):
Amec Foster Wheeler, Dr Murray C. Simpson | Brookfield Renewable, Antonio Fonseca dos Santo |
CECEP, Wenqin Lu | Citi, Courtney Lowrance |
Contact Energy, Kaapua Smith | EBRD, Christian Carraretto |
EDF, Alexander Marty and Jean Copreaux | Eletrobras, Pedro Luiz de Oliveira Jatoba |
FMASE, Gil Maranhão / Philipp Hauser | Hindustan Electric Power, Awadh B Giri |
Hydro Tasmania, Alex Beckitt | J.P. Morgan, Charles Gooderham |
M&G Investment, David Kemp | M&G Investment, David Kemp |
Mott McDonald, Bruno Trouille | National Australia Bank, David Jenkins |
DNV-GL, Mark Robinson | Emergent Ventures, Atul Sanghal |
ERM, Duncan Russell | EY, Pip Best and Judy Li |
Kestrel Consulting, Monica Reid | China Lianhe Equator Environmental Impact Assessment, Jingyun Liu |
PwC, David Greenall | S&P Trucost, Derek Ip |
TUV Nord, Tahsin Choudhury | Zhongcai Green Finance, Yang Yao |
Disclaimer;
"The Climate Bonds Standard Board operates legally as an advisory committee of the Climate Bonds Initiative Board and oversees the development of the Climate Bonds Standard. Neither the Climate Bonds Standard Board nor any organisation, individual or other person forming part of, or representing, the Climate Bonds Standard Board (together, "CBSB") accepts or owes any duty, liability or responsibility of any kind whatsoever to any issuer which wishes to apply for any of its bonds to be certified under the Climate Bonds Certification Scheme ("Scheme"), or to any issuer whose bonds may at any time be certified under the Scheme or to any other person or body whatsoever, whether with respect to the award or withdrawal of any certification under the Scheme or otherwise. All advice or recommendations with respect to any certification under the Scheme or otherwise that CBSB provides to the Climate Bonds Initiative Board is provided to it in an advisory capacity only and is not to be treated as provided or offered to any other person”