CLIMATE BONDS RESILIENCE TAXONOMY (CBRT) Annexes I–VI for CBRT V1.1 Methodology Document
Summary
The document outlines the procedural steps for verifying climate resilience in investments, detailing how to apply global and local thresholds to adapting measures and how to conduct investment-level assessments for adapted and enabling activities. It emphasizes the use of science-based climate projections, the identification of material climate impacts, and the prevention of maladaptation.
Key insights
- The assessment of adapting measures against a global threshold follows a five-step process: defining the investment context, establishing a timescale, applying a global performance threshold, defining a counterfactual (such as 'current industry practice'), and determining the means of implementation.
- When assessing adapting measures against a local threshold, the threshold must be defined using CBRT units of measurement and should reference comparable investment contexts in the same region.
- Investment-level assessments for adapted activities require verifying that the activity is resilient to specific climate impacts through the integration of adapting measures that mitigate material risks to a 'tolerable level'.
- Climate impact assessments for activities must be proportionate to the asset's lifespan; investments with a lifespan of 10 years or more must use the highest available resolution science-based projections, including 10- to 30-year scenarios.
- To avoid maladaptation, assessments must ensure that adapting measures do not adversely affect the climate resilience of other people, nature, cultural heritage, assets, or economic activities.
- Enabling measures are assessed based on two criteria: their own resilience to material climate impacts and their 'enabling contribution' to the resilience of other activities, such as expanding essential services.
- Enabling activities are verified by ensuring the activity is resilient to material impacts and that the technology, product, service, or practice it provides is explicitly defined as a 'climate resilience solution' in the CBRT.
- Assessments can be implemented either as a stand-alone evaluation by the issuer using CBRT screening criteria or by using CBRT-identified proxies that are equivalent in ambition to the process-based guidance.
Cite the original document
- APA
- Climate Bonds Initiative (2026). CLIMATE BONDS RESILIENCE TAXONOMY (CBRT) Annexes I–VI for CBRT V1.1 Methodology Document. https://www.climatebonds.net/files/documents/Annexes-I%E2%80%93VI-for-CBRT-V1.1-Methodology-Document.pdf
- Chicago
- Climate Bonds Initiative. CLIMATE BONDS RESILIENCE TAXONOMY (CBRT) Annexes I–VI for CBRT V1.1 Methodology Document. 2026. https://www.climatebonds.net/files/documents/Annexes-I%E2%80%93VI-for-CBRT-V1.1-Methodology-Document.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=CLIMATE BONDS RESILIENCE TAXONOMY (CBRT) Annexes I–VI for CBRT V1.1 Methodology Document |date=June 2026 |url=https://www.climatebonds.net/files/documents/Annexes-I%E2%80%93VI-for-CBRT-V1.1-Methodology-Document.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2026climate, author = {{Climate Bonds Initiative}}, title = {{CLIMATE BONDS RESILIENCE TAXONOMY (CBRT) Annexes I–VI for CBRT V1.1 Methodology Document}}, institution = {Climate Bonds Initiative}, year = {2026}, month = jun, url = {https://www.climatebonds.net/files/documents/Annexes-I%E2%80%93VI-for-CBRT-V1.1-Methodology-Document.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated