Standard

The Climate Bonds Standard and Certification Scheme is a labelling scheme for bonds and loans. Rigorous scientific criteria ensure that bonds and loans with Certification, are consistent with the 2 degrees Celsius warming limit in the Paris Agreement. The Scheme is used globally by bond issuers, governments, investors and the financial markets to prioritise investments which genuinely contribute to addressing climate change.

 

Wind Energy

Status: The Wind Criteria is available for use in certifications. Get in contact with certification@climatebonds.net  to start the certification process of your wind green bond.

Bonds and loans linked to these eligible assets and projects will be aligned with the Paris Agreement 2 oC limit.

Eligible assets

  1. Onshore wind energy generation faciltiies
  2. Transmission infrastructure wholly dedicated to supporting wind generation faciltiies
  3. Manufacturing faciltiies dedicated for wind energy equipment

 

For more details, please see the Eligibility Criteria document in the menu.

Offshore wind facilities are eligible for certification under the Marine Renewable Energy Criteria.

 

You can watch our Webinar on Wind Criteria and hear about the experience of one Issuer for wind energy bond here

 

 

 

CLIMATE BOND STANDARDS BOARD

 

Due to the non-disputed climate mitigation credentials of wind power it was not necessary to form a Technical Working Group. The finalized text of the Prototype V1.0 was approved by the Climate Bond Standards Board, a group of institutional investors and leading environmental NGOs, which at the time consisted of the following:

California State Teachers Retirement Service(CalSTRS) represented by Paul Shantic, Acting Co-Director of Fixed Income.

California State Treasurer John Chiang, represented by California State Deputy Treasurer Alan Gordon.

CDP (formerly the Carbon Disclosure Project, represented by Chris Fowle.

Institutional Investors Group on Climate Change (IIGCC), represented by Eric Borremans.

The International Cooperative and Mutual Insurance Federation (ICMIF) represented by Shaun Tarbuck.

Investor Group on Climate Change represented by Andrew Major.

Investor Network on Climate Risk, represented by Peter Ellsworth at Ceres.

The Natural Resources Defense Council, represented by Douglass Sims. 

 

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.