Climate Standards Board Approves New Standard for Climate-Resilient Water Bonds
The Climate Standards Board has approved a new standard for climate-resilient water bonds. The “Water Climate Bonds Criteria” are a key segment of the Climate Bonds Standard and provide investors with a verifiable, science-based screening process to evaluate bond investments earmarked for sustainable water-based infrastructure projects.
Co-ordinating the development of the criteria is Lead Specialist, Dr John Matthews, Secretariat Co-ordinator for the Alliance for Global Water Adaptation (AGWA) – a network hosted and chaired by SIWI.
Earlier this year, SIWI co-developed the world’s first certified green bond under the Water Climate Bonds Standard. Read our previous news item here about this historic development.