climate-bonds-certification

Three weeks ago we released our Climate Bonds Bioenergy Standard for public consultation. Bioenergy is energy made available from materials derived from biological sources such as wood, manure or other agricultural byproducts. Using waste products is preferred due to reduced social and environmental risks.  The focus of the proposed criteria is on liquid biofuels, biogas, and solid biomass used for heat and electricity.

In October last year, the Agriculture, Forestry and Other Land Use (AFOLU) Technical Working Group was set up to develop eligibility criteria for climate bonds linked to these sectors that can be certified under the Climate Bonds Standard.

EY (formerly known as Ernst & Young), one of the world’s largest audit firms and the third largest professional services firm in the world (by revenue), has been confirmed by the Climate Bond Standards Board as an approved Climate Bond Standards verifier. EY has 700 offices in over 150 countries.

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

Working group of 15 international experts gets the Standard development under way

The Climate Bonds Initiative held the first meeting of a new Agriculture, Forestry and Other Land Use (AFOLU) Expert Group last week. It is convened to develop eligibility criteria for assets and projects that can be used to back Climate Bonds.