Climate Bonds Initiative Launches Public Consultation on New Climate Resilience Criteria

The Climate Bonds Initiative (CBI) has opened a public consultation on its new Climate Resilience Process Criteria, a framework under the Climate Bonds Standard aimed at certifying investments that support climate Adaptation and Resilience (A&R). Open until 27 June 2025 (submissions here), the consultation invites feedback from stakeholders across the finance and climate sectors.

This initiative builds on the Climate Bonds Resilience Taxonomy (CBRT), extending the scope of green finance to include projects that significantly contribute to A&R goals. Certification of such investments will clarify what qualifies as adaptation finance and highlights best practices, helping to mobilize critical capital for resilience-focused projects.

Historically, green finance has centered on mitigation. However, with escalating climate risks affecting ecosystems, communities, and economies, integrating resilience into financial strategies has become essential. In September 2024, the CBRT was incorporated into the broader Climate Bonds Taxonomy to provide clear guidance on credible resilience investments.

The new Process Criteria will guide the certification of investments that demonstrate robust climate risk management and adaptive capacity. Where sector-specific Criteria for A&R are not yet developed, a process-based method using the CBRT will apply. These interim measures will be updated as sector-specific criteria are finalized.

CBI encourages input from investors, issuers, technical experts, and climate finance practitioners to ensure the framework is scientifically sound, practical, and globally applicable.

The CBRT's development is supported by Cadlas, the Lead Technical Partner for CBI’s Resilience Programme. This consultation marks a key step toward recognizing investments that not only reduce emissions but also build long-term climate resilience.

Source: climatebonds.net