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The Climate Bonds Standard Version 3.0 provides a science-based framework for certifying green debt instruments. It mandates pre- and post-issuance requirements, including the use of a Green Bond Framework, independent verification by Approved Verifiers, and annual reporting on allocation and eligibility. The standard is designed to be compatible with the proposed EU Green Bond Standard and uses a specific Taxonomy and Sector Eligibility Criteria to prevent 'greenwash' and facilitate large-scale climate-aligned investment.

The Climate Bonds Standard Version 3.0 provides a framework for certifying bonds that fund climate-aligned projects. It aligns with the Green Bond Principles and requires issuers to meet pre-issuance and post-issuance criteria regarding the use of proceeds, project selection, and reporting. Certification is overseen by the Climate Bonds Standard Board and requires independent verification. The standard utilizes a Taxonomy of Green Definitions and sector-specific technical criteria to determine project eligibility, covering areas such as solar, wind, and low carbon buildings.