Climate Bonds Resilience Taxonomy Methodology

The Climate Bonds Resilience Taxonomy (CBRT) Methodology provides a science-based classification system and interim screening criteria to identify and scale investments that contribute to climate adaptation and resilience. It establishes a framework to distinguish between different types of resilience investments and ensures they provide a measurable reduction in vulnerability without causing maladaptation or significant harm to other sustainability goals.

• The CBRT is designed to address a significant adaptation finance gap, which the United Nations Environment Programme (UNEP) estimated in 2023 at USD194–366bn annually, with developing countries requiring 10–18 times more than current flows.
• The taxonomy identifies four distinct types of resilience investments: adapting measures (interventions within an activity), adapted activities (economic activities that are themselves resilient), enabling measures (interventions that make other activities more resilient), and enabling activities (activities that produce resilience solutions for others).
• A 'substantial contribution to climate resilience' is defined as a 'measurable reduction in vulnerability (or exposure) to climate impacts in the investment context'.
• The CBRT employs a graduated approach to screening adapting measures, including 429 investments that are 'automatically eligible' based on expert judgment of low maladaptation risk and broad applicability, and others requiring technical specifications, global thresholds, or local thresholds.
• To prevent 'maladaptation'—defined as the risk of an unintended measurable increase in vulnerability or exposure—the CBRT requires assessments of system boundaries and the use of multiple climate scenarios.
• The 'Do No Significant Harm' (DNSH) principle is integrated to ensure resilience investments do not undermine climate mitigation by increasing greenhouse gas (GHG) emissions, nor cause significant environmental or social harm.
• The taxonomy is organized into seven Climate Resilience themes: Resilient Agri-Food Systems, Resilient Cities & Settlements, Resilient Health Systems, Resilient Industry & Commerce, Resilient Infrastructure, Resilient Natural Systems, and Resilient Social Systems.
• The CBRT is designed for inter-operability with other frameworks, including the EU Sustainable Finance Taxonomy, the MDB joint methodology for tracking climate change adaptation finance, and the Common Framework of Sustainable Finance Taxonomies for Latin America and the Caribbean.
• In its current phase, the CBRT has identified a total of 1,444 climate investments, consisting of 966 adapting measures, 243 adapted activities, 110 enabling measures, and 125 enabling activities.

APA

Climate Bonds Initiative (2024). Climate Bonds Resilience Taxonomy Methodology. https://www.climatebonds.net/files/documents/publications/Climate-Bonds_Resilience-Methodology_2024.pdf

Chicago

Climate Bonds Initiative. Climate Bonds Resilience Taxonomy Methodology. 2024. https://www.climatebonds.net/files/documents/publications/Climate-Bonds_Resilience-Methodology_2024.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Climate Bonds Resilience Taxonomy Methodology |date=2024 |url=https://www.climatebonds.net/files/documents/publications/Climate-Bonds_Resilience-Methodology_2024.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2024climate, author = {{Climate Bonds Initiative}}, title = {{Climate Bonds Resilience Taxonomy Methodology}}, institution = {Climate Bonds Initiative}, year = {2024}, url = {https://www.climatebonds.net/files/documents/publications/Climate-Bonds_Resilience-Methodology_2024.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }