Climate Bonds Resilience Taxonomy CLIMATE RESILIENCE PROCESS CRITERIA FOR CERTIFICATION

The document provides a framework for certifying climate resilience investments through three primary components: making a substantial contribution to resilience, managing maladaptation risks, and ensuring no significant harm to climate mitigation. It defines specific requirements for 'adapted' and 'enabling' investments, including the need for investment-level assessments based on science-based projections and the use of multiple climate scenarios such as SSP5-8.5. These interim criteria are intended to be replaced progressively by validated, sector-specific criteria and proxies developed by technical working groups.

• To be certifiable, CBRT investments must meet three core requirements: they must make a "Substantial Contribution (SC) to climate resilience", "Manage any associated maladaptation risks", and "Do no significant harm (DNSH) to climate mitigation objectives".
• The document distinguishes between 'adapted investments' (which reduce risks to the investment itself) and 'enabling investments' (which build resilience for other activities, people, nature, or cultural heritage beyond the investment).
• Investment-level assessments for non-adapting measures must use science-based projections aligned with the most recent IPCC reports and employ multiple climate scenarios, specifically requiring "SSP5-8.5 at a minimum and SSP2- 4.5 if available".
• Managing maladaptation risks requires identifying uncertainties in climate projections that could impair resilience measures and establishing monitoring processes to review projections against "actual climate conditions over the lifespan of the investment".
• To satisfy the 'do no significant harm' (DNSH) to mitigation requirement, investments must avoid the "lock-in of fossil fuel use" by using technologies compatible with non-fossil fuel sources and, where practical, provide evidence that they avoid a "material increase in GHG emissions intensity per unit".

APA

Climate Bonds Initiative (2025). Climate Bonds Resilience Taxonomy CLIMATE RESILIENCE PROCESS CRITERIA FOR CERTIFICATION. https://www.climatebonds.net/files/documents/publications/Climate-bonds_Resilience-taxonomy_certification_outline_May-2025.pdf

Chicago

Climate Bonds Initiative. Climate Bonds Resilience Taxonomy CLIMATE RESILIENCE PROCESS CRITERIA FOR CERTIFICATION. 2025. https://www.climatebonds.net/files/documents/publications/Climate-bonds_Resilience-taxonomy_certification_outline_May-2025.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Climate Bonds Resilience Taxonomy CLIMATE RESILIENCE PROCESS CRITERIA FOR CERTIFICATION |date=May 2025 |url=https://www.climatebonds.net/files/documents/publications/Climate-bonds_Resilience-taxonomy_certification_outline_May-2025.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2025climate, author = {{Climate Bonds Initiative}}, title = {{Climate Bonds Resilience Taxonomy CLIMATE RESILIENCE PROCESS CRITERIA FOR CERTIFICATION}}, institution = {Climate Bonds Initiative}, year = {2025}, month = may, url = {https://www.climatebonds.net/files/documents/publications/Climate-bonds_Resilience-taxonomy_certification_outline_May-2025.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }