The Climate Bonds
Certification Scheme
Best Practice in the Market<2C

Fully aligned withthe Green Bond
Principles andthe Green LoanPrinciples

Using best practicefor internal controls,
tracking, reporting& verification

Financing assets
consistent withachieving the goalsof the Paris Climate
Agreement“CBI Certification provides issuers with an independentand science based standard to showcase the greennessof their green bond assets. Investors appreciateissuers who go the extra mile by providing transparent
and ambitious criteria using CBI standards”
Joop Hessels, Executive Director, Head of Sustainable Markets
at ABN AMRO Bank N.V.

Credibility, Transparency, Simplicity

Benefits to Issuers

Benefits to Investors

Investment diversification:broaden the bond’s international
investor base

Bond performance: lower
volatility in secondary markets

Greater visibility: expand thebond’s recognition in the market

Facilitated due diligence:
effortless adherence tobest-practices

Value: increase perceived
value by endorsing the bond’s
sustainability claims

Risk-adjusted returns: mitigatechanging policy and market risks

Global Climate Bond Certifications
SwedenNorwayCanadaUSA
MexicoPanamaColombiaNetherlands

Spain

MoroccoBarbados
BrazilChile

UK
FranceBelgium
Switzerland

RussiaLuxembourg
PolandAustria
Italy

Germany
GreeceUAEIndia

Kenya
Nigeria

ChinaJapan
Hong Kong
VietnamPhilippines

ThailandSingapore
MauritiusSouth Africa

Australia

Climate Bonds Certified Sovereign issuanceCountries with Climate Bonds Certified issuance

Climate Bonds Certification Scheme Climate Bonds Initiative

New Zealand2

Certification Process
prepares the
1 Issuerbond and a green bondframework

engages an
2 Issuer
approved verifier to write
an assurance report

3 Issuer gets certified and issues bondReporting after certification
provides aA Verifier
follow-up reportreports annually
B Issuer
during the term of the bond21

Climate Bonds Certification Scheme Climate Bonds Initiative3

Governance
The application of the Climate Bonds Standard & Certification Scheme
is overseen by the Climate Bonds Standard Board who collectively,
represent over USD 100 trillion in Assets under Management.
TheInternational
Cooperativeand Mutual
Insurance Federationis the only global
association of cooperativeand mutual insurers withover 200 members.

TheCalifornia
State Teachers’
Retirement Scheme
is the second largest
pension fund in the US
with almost 1 million
members.

The Natural Resources
Defense Council has 7mln
members and uses dataand science to promote
laws and policies for theprotection of the environment.

The
Institutional
Investor Group onClimate Change
is the European
membership body forinvestor collaboration
representing 30
members in 22 countries
and $39trn of AUM.

The Investor
Group on Climate
Change is acollaboration of Australian andNew Zealand investors with total
AuM of $22trn.

TheCERES
investor network
represents 200
Institutional investors
managing $37trn AuM
and aims to promotesustainability among
investors, companies andcapital market influencers.

The Californian State
Treasurer’s Office acts
as the State’s leader ininvestments, banking
and finance activities
representing the fifth largest
economy in the world.

Type of assets that can be certified
Electric buses

Homes

Hydro power
Freight railways
Universities

Geothermal
Water treatment plants

Shopping centres
Forestry

Urban metro systems

Electric cars

Offshorewind farms

Floating solar farms

Grids

Recycling plants

Landmark
office buildings
Flood defences

Greenhouses

Electric railways

Want to find out more?
Email us at: certification@climatebonds.netVisit our website: www.climatebonds.net
Climate Bonds Initiative © September 2021
Disclaimer: The information contained in this communication does not constitute investment advice in any form and the Climate Bonds Initiative is not an investment adviser. Any reference to a financial organisation ordebt instrument or investment product is for information purposes only. Links to external websites are for information purposes only. The Climate Bonds Initiative accepts no responsibility for content on external websites. The Climate Bonds Initiative is not endorsing, recommending or advising on the financial merits or otherwise of any debt instrument or investment product and no information within this document should be taken
as such, nor should any information in this communication be relied upon in making any investment decision. Certification under the Climate Bond Standard only reflects the climate attributes of the use of proceeds of adesignated debt instrument. It does not reflect the credit worthiness of the designated debt instrument, nor its compliance with national or international laws. A decision to invest in anything is solely yours. The ClimateBonds Initiative accepts no liability of any kind, for any investment an individual or organisation makes, nor for any investment made by third parties on behalf of an individual or organisation, based in whole or in part on
any information contained within this, or any other Climate Bonds Initiative public communication.

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