Standards: News Archive

Today, the Bioenergy Technical Working Group released their proposed eligibility criteria for bioenergy projects that qualify under the Climate Bonds Standard. The criteria are now subject to a 60 day period of public consultation. You can submit your comments on this page or via email.

Water scarcity represents the most significant risk imaginable — to businesses, whole economies, and the ecosystems that provide the natural capital for those economies.

Let’s take Brazil for example. Just last month, the country - with a population of 200 million people - experienced severe blackouts after a large hydroelectric power plant in the state of Rio de Janeiro switched off when water levels dropped below the operational limits – a worrying sign when 70% of the country’s power supply is produced by dams.

We are looking for an energetic Program officer to join our Central London team to coordinate the rapid development of the Climate Bond Standard and Certification Scheme.

The role will involve working with investments banks and potential climate bonds issuers on Climate Bond certifications, consulting with other stakeholders, improving and streamlining>verification processes, training for verifiers, as well as communications of all sorts.

Today, Pricewaterhouse Coopers (PwC) joins the Climate Bonds Standard Industry Working Group at a meeting of the Group to discuss proposed new Climate Bonds eligibility criteria for low-carbon buildings and bus rapid transit systems. 

Pricewaterhouse Coopers (PwC) is one of world’s biggest professional services networks, with a sustainability and climate change advisory and assurance team of 700 experts.

Australia’s first certified Climate Bond was launched today by one of Australia’s four big banks; National Australia Bank (NAB). The bond has been certified under the Climate Bonds Standard; a FairTrade-like labeling scheme for bonds that allows investors to easily prioritise ‘climate-smart’ investments. The bond raised A$300 million and will fund a portfolio of seventeen wind and solar energy farms. It is the first time an Australian issuer has brought a green bond to the local market. The bond's compliance with the Standard was confirmed by Climate Bonds’ approved verifier DNV-GL.

The International Cooperative and Mutual Insurance Federation (ICMIF), representing members with a collective US$ 8 trillion of assets under management, today joined the Climate Bond Standards Board, the organization working to clarify climate smart investments for bond investors. 

Climate Bond Standard & Certification Scheme is a project of the Climate Bonds Initiative, which aims to mobilize capital markets for rapid transition to a low-carbon and climate resilient economy. It is overseen by a board now representing over $32 trillion of assets under management.

Oekom Research AG, a leading ESG rating agency has been confirmed by the Climate Bond Standards Board as an approved Climate Bond Standards verifier.

Solar financier Big60Million Ltd today announced that the first Certified Climate Bond in the UK, a “mini bond” of £4 million, was in the market. The bond closes 30 September; they expect to issue further tranches in the near future.

The published BRT criteria proposed by the Low Carbon Transport Technical Working Group will end its 30 day period of public consultation Monday 14th of July – so hurry and send us your feedback in the comments box below or at standards@climatebonds.net!