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Electrical Utilities Background Paper Development of Eligibility Criteria under the Climate Bonds Standard & Certification Scheme
The report outlines the development of certification criteria for electrical utilities to ensure their financing aligns with the Paris Agreement. It establishes a global emissions intensity transition pathway based on the IEA Net Zero Emissions (NZE) by 2050 scenario, targeting near-zero emissions for the power sector by 2040. The criteria distinguish between existing capacity, which must follow phase-out or retrofitting benchmarks, and new capacity, which must be low-carbon as no new fossil fuel plants are eligible. It also details specific thresholds for non-combustion emissions in hydropower, geothermal, and bioenergy, and sets requirements for decarbonization measures like Carbon Capture and Storage (CCS) and hydrogen co-firing.
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Document type: Report
Hydrogen Criteria Background Paper
The report outlines the development of certification criteria for hydrogen assets, focusing on carbon intensity benchmarks, life-cycle assessment methodologies, and climate resilience requirements to align investments with the Paris Agreement's 1.5°C goal.
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Document type: Report
NOTIFICATION
The Inter-American Institute for Global Change Research (IAI) is seeking comments on a new policy designed to enhance gender balance and equity, diversity, and inclusion (EDI) within its scientific projects and capacity building activities. The policy aims to ensure the equitable participation of underrepresented groups and reduce bias in the implementation of IAI activities in the Americas. Feedback is requested by 22 April 2022 for submission at COP-30 in Montevideo.
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Document type: Statement
Electrical Grids and Storage Criteria
The document outlines the development of certification criteria for electrical grids and storage to mobilise private capital for low-carbon infrastructure. It establishes that most modern grid investments are eligible if they support the integration of renewables or are part of a system on a trajectory toward decarbonisation, adopting the EU taxonomy as a baseline. It specifically excludes pumped hydropower and hydrogen storage from this sector's scope. The criteria also mandate that issuers demonstrate climate resilience by assessing physical risks and implementing mitigation measures over the assets' operational lifetimes.
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Document type: Report
Electrical Grids and Storage Criteria Development of Eligibility Criteria under the Climate Bonds Standard & Certification Scheme
The document outlines the development of eligibility criteria for electrical grids and storage to align bond investments with a 1.5°C warming scenario. It details the decision to adopt EU taxonomy criteria for transmission and distribution, the rationale for applying similar constraints to energy storage, and the requirements for climate resilience and adaptation.
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Document type: Report
Hydropower Criteria Development of Eligibility Criteria for the Climate Bonds Standard & Certification Scheme Background Paper
The document establishes a two-component eligibility framework for hydropower certification: a Mitigation Component and an Adaptation & Resilience (A&R) Component. The Mitigation Component uses a 'predictive screen' based on power density to identify low-risk assets, while others must undergo a GHG assessment using the G-res tool or on-site studies to meet emissions intensity thresholds of 100g CO2e/kWh (pre-2020) or 50g CO2e/kWh (post-2020). The A&R Component requires assets to be assessed via the ESG Gap Analysis Tool, with strict limits on the number of 'significant gaps' allowed and a requirement for an Environmental and Social Action Plan (ESAP) to close those gaps within 24 months. Additionally, the criteria mandate Free, Prior and Informed Consent (FPIC) for indigenous peoples and public disclosure of compliance data.
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Document type: Report
Report of the Ninth Meeting of the Board, 24–26 March 2015
The Green Climate Fund (GCF) Board met in March 2015 to finalize key operational frameworks. The Board accredited seven entities, including the Asian Development Bank and UNDP, and adopted a Gender Policy and Action Plan (2015–2017). It established financial terms for grants and concessional loans, including a distinction between high and low concessionality for the public sector. The Board also approved the terms of reference for an independent Technical Advisory Panel and a Policy on Ethics and Conflicts of Interest. Discussions continued on the Private Sector Facility and the Initial Resource Mobilization process, with a target for 50% of Berlin pledges to be signed by April 30, 2015.
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Document type: Report
SALMON AQUACULTURE DIALOGUE
The Salmon Aquaculture Dialogue (SAD) has released a second draft of global standards for salmon farming, covering grow-out sites and smolt suppliers. The standards are organized into seven principles: legal compliance, biodiversity conservation, protection of wild populations, resource efficiency, disease and parasite management, social responsibility, and community engagement. Key requirements include strict limits on escapes, the use of area-based management for sea lice, restrictions on transgenic species, and the phase-out of open net-pen smolt production. The standards will be implemented by the Aquaculture Stewardship Council (ASC) through third-party certification.
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Document type: Report