Summary of FAQs

This document is a summary of frequently asked questions (FAQs) designed to guide issuers through the seven-step process of issuing green bonds specifically for climate resilience. It provides practical advice on selecting eligibility criteria, identifying qualifying assets, developing frameworks, arranging verification, and managing reporting and labeling.

• Issuers have the discretion to set their own eligibility criteria, but aligning with internationally recognised guidelines is recommended because investors often lack the technical expertise to perform extensive due diligence themselves.
• Several frameworks provide guidance on eligibility for adaptation and resilience, including the Climate Bonds Standard and Certification Scheme, the Climate Bonds Climate Resilience Principles, Green Bond Principles (GBPs), the forthcoming EU Sustainability Taxonomy, the MDB Joint Methodology for Tracking Climate Change Adaptation Finance, and the People’s Bank of China’s (PBOC) Green Bond Catalogue.
• Climate resilience investments are categorized into two types: those whose primary purpose is to provide resilience benefits to a broader system, and those aimed at adapting a specific asset or activity to climate change. For the latter, only the costs associated with adaptation are eligible; for example, the cost of retrofitting a building for flood risk is eligible, but the cost of the building itself is not.
• To identify qualifying assets, issuers must use robust climate projections and modelling to justify that investments reduce risks over the asset's operating life. If the investment adapts other communities or systems, the issuer must also quantify the expected adaptation benefits.
• Best practices for verification include certifying against the Climate Bonds Initiative’s Standard and Certification Scheme—which accounts for 25% of the labelled green bond market—or obtaining Second Party Opinions from qualified parties like auditors.
• Post-issuance reporting for resilience bonds must demonstrate impact and the contribution to resilience outcomes. The Green Bond Principles require annual public disclosure of the allocation of proceeds, project lists, and expected impacts until full allocation is reached.

APA

Climate Bonds Initiative (n.d.). Summary of FAQs. https://www.climatebonds.net/files/drupal-files/files/Summary%20of%20FAQs_Green%20Bonds%20for%20Climate%20Resilience.pdf

Chicago

Climate Bonds Initiative. Summary of FAQs. n.d. https://www.climatebonds.net/files/drupal-files/files/Summary%20of%20FAQs_Green%20Bonds%20for%20Climate%20Resilience.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Summary of FAQs |url=https://www.climatebonds.net/files/drupal-files/files/Summary%20of%20FAQs_Green%20Bonds%20for%20Climate%20Resilience.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiativendsummary, author = {{Climate Bonds Initiative}}, title = {{Summary of FAQs}}, institution = {Climate Bonds Initiative}, url = {https://www.climatebonds.net/files/drupal-files/files/Summary%20of%20FAQs_Green%20Bonds%20for%20Climate%20Resilience.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }