{"query_echo":{"q":"","filters":{"analysis_type":["limited assurance report"]},"warnings":[{"code":"facet_value_not_in_vocabulary","message":"Value 'limited assurance report' for facet 'analysis_type' is not in the controlled vocabulary."}]},"total":{"value":1,"relation":"eq"},"page":1,"page_size":20,"self":"https://climateinsightsdirectory.org/api/v1/search?analysis_type=limited+assurance+report","stability":"beta","ai_marking":{"digital_source_type":{"uri":"http://cv.iptc.org/newscodes/digitalsourcetype/trainedAlgorithmicMedia","name":"Created using Generative AI"},"notice":"Summary and key insights are generated using artificial intelligence."},"results":[{"id":"clibonds-000757","url":"https://climateinsightsdirectory.org/document/clibonds-000757","title":"Independent Assurance Provider’s Limited Assurance Report","publisher":{"name":"Climate Bonds Initiative","organization":"climate-bonds-initiative"},"document_type":"report","language":"en","date_published":null,"source_url":"https://www.climatebonds.net/files/drupal-files/files/FINAL_Preissuance%20assurance%20report_CCT%20Green%20Bond_with%20Appendices%20(13_06_2017).pdf","generator":"Climate Insights Directory","generated_fields":["summary","key_insights","climate_tags","geography_discussed","analysis_type"],"summary":{"text":"KPMG Services Proprietary Limited conducted a pre-issuance limited assurance engagement for the City of Cape Town's proposed Green Bond. The report concludes that the nominated projects and the Green Bond Framework V2.3 conform to the 'Selection of Nominated Projects & Assets' and 'Internal Processes and Controls' sections of the Climate Bonds Standard V2.1. The bond is designed to refinance existing projects, with 92.8% of the allocation dedicated to water projects and 7.2% to low-carbon transport. A specific emphasis is placed on Project 6 (flood defences), which remains subject to post-issuance assurance as the relevant Climate Bonds Standard Water Criteria Phase 2 were still in draft at the time of the report.","ai_generated":true,"unit":"clibonds-000757#summary","date_modified":"2026-10-23"},"key_insights":[{"text":"KPMG concluded that nothing came to its attention to indicate that the projects listed in the 'Green definitions' or the process in the 'City of Cape Town Green Bond Framework V2.3' do not conform to the Climate Bonds Standard V2.1.","ai_generated":true,"unit":"clibonds-000757#insight-1","date_modified":"2026-10-23"},{"text":"The proposed Green Bond is intended to refinance 100% of committed budgets for eligible projects, with no new assets being funded.","ai_generated":true,"unit":"clibonds-000757#insight-2","date_modified":"2026-10-23"},{"text":"The allocation of proceeds is split between two main categories: water projects account for 92.8% and low carbon transport accounts for 7.2%.","ai_generated":true,"unit":"clibonds-000757#insight-3","date_modified":"2026-10-23"},{"text":"The water project portfolio includes several adaptation-focused initiatives, such as reservoir integrity maintenance (Project 1), water demand management (Project 2), and the establishment of piping for non-potable water (Project 3).","ai_generated":true,"unit":"clibonds-000757#insight-4","date_modified":"2026-10-23"},{"text":"Project 6, involving Sir Lowry's Pass River upgrades for flood protection, is subject to a caveat because the Climate Bonds Standard (V2.1) Phase 2 Water Criteria were in draft; its eligibility will be confirmed during post-issuance assurance.","ai_generated":true,"unit":"clibonds-000757#insight-5","date_modified":"2026-10-23"},{"text":"The low-carbon transport component (Project 9) involves the procurement of 10 electric buses for an EV bus pilot project to be deployed in the Central Business District of Cape Town and the Metro-South-East region.","ai_generated":true,"unit":"clibonds-000757#insight-6","date_modified":"2026-10-23"},{"text":"The City of Cape Town uses a framework approach for project selection, requiring projects to have a capital expenditure greater than ZAR 10,000,000 and alignment with the City's 2016 Environmental Strategy and Draft Climate Change Policy.","ai_generated":true,"unit":"clibonds-000757#insight-7","date_modified":"2026-10-23"},{"text":"Proceeds will be tracked using the SAP Enterprise Resource Planning (ERP) system and held in temporary 'Green' investment instruments (cash or cash equivalents) until allocated.","ai_generated":true,"unit":"clibonds-000757#insight-8","date_modified":"2026-10-23"},{"text":"The City's water sector adaptation is informed by the Western Cape Water Supply System (WCWSS) Reconciliation Strategy, which uses Water Resource Yield (WRYM) and Water Resource Planning (WRPM) models to account for climate change scenario planning.","ai_generated":true,"unit":"clibonds-000757#insight-9","date_modified":"2026-10-23"}],"climate_tags":["climate bond","climate finance","water management","climate change adaptation","climate change mitigation","urban resilience"],"geography_discussed":["Johannesburg"],"frame_perspective":[],"analysis_type":["limited assurance report","pre-issuance verification"]}]}