Independent Verification Statement

This Independent Verification Statement, issued by First Environment, Inc. on February 16, 2018, confirms that the New York State Energy and Research Development Authority's (NYSERDA) Residential Solar Financing Revenue Bonds, Series 2018A, align with the Climate Bonds Standard v2.1 and Solar Sector Criteria v2.1.

• First Environment, Inc. conducted a pre-issuance verification from January 26 through February 15, 2018, for NYSERDA's Residential Solar Financing Revenue Bonds, Series 2018A. The verification was based on the Preliminary Official Statement and Green Bonds Framework, both dated February 13, 2018.
• The verification concluded that the Residential Solar Financing Revenue Bonds, Series 2018A, which fund loans for the installation of solar electric systems, are prepared in all material respects according to the Climate Bonds Standard v2.1 and the Solar Sector Criteria v2.1.
• The verification process employed a 'Limited Level of Assurance', meaning the procedures were less extensive than a reasonable assurance engagement. Materiality was defined as any qualitative non-conformities with the Climate Bonds Standard or quantitative misstatements exceeding five percent of numeric sector-specific criteria.

APA

Climate Bonds Initiative (2018). Independent Verification Statement. https://www.climatebonds.net/files/drupal-files/files/NYSERDA%20pre%20issue%20Statement%20public%20160218.pdf

Chicago

Climate Bonds Initiative. Independent Verification Statement. 2018. https://www.climatebonds.net/files/drupal-files/files/NYSERDA%20pre%20issue%20Statement%20public%20160218.pdf.

Wikipedia

{{cite press release |author=Climate Bonds Initiative |title=Independent Verification Statement |date=16 February 2018 |url=https://www.climatebonds.net/files/drupal-files/files/NYSERDA%20pre%20issue%20Statement%20public%20160218.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{climatebondsinitiative2018independent, author = {{Climate Bonds Initiative}}, title = {{Independent Verification Statement}}, publisher = {Climate Bonds Initiative}, year = {2018}, month = feb, url = {https://www.climatebonds.net/files/drupal-files/files/NYSERDA%20pre%20issue%20Statement%20public%20160218.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }