Climate Bonds Resilience Taxonomy Methodology

The Climate Bonds Resilience Taxonomy (CBRT) Methodology establishes a science-based framework to scale private and public financing for climate adaptation and resilience. It categorises investments into four types—adapting measures, adapted activities, enabling measures, and enabling activities—across seven thematic areas including Resilient Infrastructure and Resilient Natural Systems. The methodology employs a tiered screening process to ensure a "measurable reduction in vulnerability (or exposure)" while managing maladaptation risks and ensuring no significant harm to climate mitigation. The framework is designed for global applicability and interoperability with existing standards like the EU Sustainable Finance Taxonomy and the MDB Joint Methodology.

• The CBRT identifies a significant gap in climate resilience financing, noting that in 2023, reported adaptation finance flows were USD 63bn per year, while the UNEP estimated an annual adaptation finance gap of USD 194–366bn.
• The taxonomy classifies investments into four distinct types: adapting measures (specific interventions to make an activity more resilient), adapted activities (economic activities that are themselves resilient), enabling measures (interventions that make other activities more resilient), and enabling activities (activities whose primary purpose is to enhance the resilience of other systems).
• Investments are organised under seven primary 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.
• To be eligible under the CBRT, an investment must meet three core requirements: it must make a substantial contribution to climate resilience, manage maladaptation risks, and do no significant harm (DNSH) to other sustainability objectives, particularly climate change mitigation.
• Substantial contribution to climate resilience is defined as a "measurable reduction in vulnerability (or exposure) to climate impacts in the investment context," with a preference for addressing vulnerability to tackle root causes of susceptibility.
• The methodology employs a graduated screening approach for adapting measures: 429 investments are deemed "automatically eligible," while others require either a technical specification check, a global threshold assessment, or a local threshold assessment.
• The CBRT defines maladaptation as the risk of an unintended measurable increase in vulnerability or exposure within the investment context or the wider system, citing examples such as unsuitable heat-tolerant crop varieties in Africa or seawalls in New York and New Orleans.
• The framework is designed for interoperability with other major standards, 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 initial 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} }