Agriculture BEST PRACTICE FOR ISSUING GREEN BONDS

The document details the Climate Bonds Initiative's (CBI) voluntary labelling scheme designed to align agricultural debt instruments with the 1.5°C goal of the Paris Agreement. It provides a three-step certification process (pre-issuance, issuance, and post-issuance) and defines eligible agriculture projects across three categories: whole production units, interventions within production units (mitigation and adaptation), and supporting activities. The guide highlights Brazil as a key market, noting that while land use is the second largest green bond category there, crop-specific issuance is growing, citing three certified cases: Rizoma Agro, Solinftec, and Produzindo Certo.

• The Climate Bonds Standard and Certification Scheme is a voluntary labelling system for debt instruments and entities intended to align with the Paris Climate Agreement's goal of limiting global warming to 1.5 degrees celsius.
• As of January 2023, the Certification Scheme has been applied to hundreds of debt instruments totaling USD 260 billion equivalent.
• In Brazil, the agriculture sector has seen three certified issuances by the Climate Bonds Initiative: the first was Rizoma Agro in August 2020, followed by Solinftec and Produzindo Certo.
• Certification for agriculture bonds requires a three-step process: pre-issuance (identifying eligible proceeds, creating a framework, and obtaining a verification report), issuance (engaging investors and listing on platforms), and post-issuance (submitting verification and update reports).
• Eligible agriculture projects are categorized into production unit operations, specific interventions for GHG reduction or carbon storage (mitigation), interventions for adaptation and resilience, and supporting activities such as R&D for methane-reducing ruminant feed or climate-resilient seeds.
• To evidence eligibility, issuers must meet specific screening indicators, such as 'No land conversion' after 10/01/2010 and 'No clearing of woody vegetation over 3 metres in height after 2020'.
• The guide identifies several acceptable calculators for estimating emissions, including the Carbon Benefits Tool, Ex-Act Tool, Cool Farm Tool, GHG Protocol Agricultural Guidance Tools, and the AtSource Eco-Calculator for supply chains.

APA

Climate Bonds Initiative (n.d.). Agriculture BEST PRACTICE FOR ISSUING GREEN BONDS. https://www.climatebonds.net/files/drupal-files/files/Climate%20Bonds%20Agriculture%20Brochure_21%20March%202023_EN_Final.pdf

Chicago

Climate Bonds Initiative. Agriculture BEST PRACTICE FOR ISSUING GREEN BONDS. n.d. https://www.climatebonds.net/files/drupal-files/files/Climate%20Bonds%20Agriculture%20Brochure_21%20March%202023_EN_Final.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Agriculture BEST PRACTICE FOR ISSUING GREEN BONDS |url=https://www.climatebonds.net/files/drupal-files/files/Climate%20Bonds%20Agriculture%20Brochure_21%20March%202023_EN_Final.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiativendagriculture, author = {{Climate Bonds Initiative}}, title = {{Agriculture BEST PRACTICE FOR ISSUING GREEN BONDS}}, institution = {Climate Bonds Initiative}, url = {https://www.climatebonds.net/files/drupal-files/files/Climate%20Bonds%20Agriculture%20Brochure_21%20March%202023_EN_Final.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }