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The report finds that officially reported coal mine methane emissions in Queensland and New South Wales are significantly under-reported. In Queensland, TROPOMI-based satellite estimates for 2020 showed emissions 11% higher than the state's total reported fugitives, despite only modelling four sub-regions. In New South Wales, satellite estimates for 2020 and 2021 identified methane levels nearly double the official reports, despite covering only approximately 61-64% of the state's coal production. Specific site analysis of the Hail Creek mine via satellite and aircraft measurements showed emissions 2.4 to 12.9 times higher than reported values.

Vigeo Eiris conducted a limited assurance procedure from November 15 to November 29, 2019, concluding that Banco Votorantim's first 2019 Green Bond is in material conformance with the Climate Bonds Standard (CBS) version 2.1. The bond's proceeds are intended for the construction and operation of photovoltaic and wind energy generation systems. The verification covered the selection of assets, internal controls, and reporting procedures, confirming that eligible expenditures in the solar and wind sectors will not have more than 15% of electricity generated from non-renewable sources. Approximately 35% of the net proceeds are expected to be used for refinancing.

DNV GL has verified that Meidensha's proposed Green Bonds, intended to fund mass-production facilities for electric vehicle parts, align with the Climate Bonds Standard v2.1 and other international green bond frameworks. The portfolio includes three projects: Nagoya Works, Kofu Meidensha Electric Mfg. Co., Ltd., and Numazu Works, with a total bond amount of 6 billion JPY and a maturity of 5 years. The verification confirms that the projects are designed to reduce CO2 emissions and contribute to UN SDGs 7 and 13.

Vigeo Eiris conducted a limited assurance procedure on the Republic of Chile's 2019 first Green Bond, concluding that it conforms in all material respects to the Climate Bonds Standard (CBS) version 2.1. The bond's proceeds are intended for 14 eligible green expenditures across solar energy, low carbon land transport, green buildings, and water management. The verification confirmed the existence of a documented decision-making process led by a Green Bond Committee and verified that the nominated projects meet specific sector criteria, such as a 30% carbon reduction target for buildings and a limit of 15% non-renewable electricity for solar projects. The report also validates the internal processes for tracking proceeds and the commitment to post-issuance compliance reviews.

Sustainalytics verified that BTS Group Holdings PCL's green bond meets the Climate Bonds Standard Version 2.1 for Low Carbon Transport. The bond is intended to finance and refinance electric mass transportation and related infrastructure in Bangkok, specifically the Pink and Yellow monorail lines. The verification process confirmed that the nominated projects meet the required technical criteria and that BTSG has established internal processes for tracking and managing proceeds.

ISS-oekom conducted a pre-issuance verification of EnBW's 2018 Green Bond against the Climate Bonds Standard (Version 2.1) and specific sector criteria for wind, solar, low carbon transport, and marine renewable energy. Following a desk-based assessment of project selection, internal controls, and reporting processes, ISS-oekom concluded that the bond is in conformance with the required standards.

ISS-oekom conducted a desk-based assessment of Encavis AG's Green Schuldschein against the Climate Bond Standard Version 2.1 and the Solar Energy Standard version 2.1. The verification focused on the selection of nominated projects and assets, internal processes and controls, and proposed reporting. Based on limited assurance procedures, ISS-oekom concluded that the Green Schuldschein is in conformance with the Pre-Issuance Requirements.

oekom research conducted a desk-based assessment of Volkswagen Immobilien's (VWI) Green Bond Programme against the Climate Bond Standard Version 2.1. The verification focused on the selection of nominated projects, internal processes and controls, and reporting requirements. The verifier concluded that the 2018 Green Bond is in material conformance with the Pre-Issuance Requirements, with one exception noted regarding Requirement 3.1.3. Eligible assets are defined as residential buildings with a rating of "B" or higher in the German energy efficiency class ranking, while office and logistic buildings were excluded from the certification portfolio.

First Environment, Inc. conducted a pre-issuance verification of NYSERDA's Residential Solar Financing Revenue Bonds, Series 2018A from January 26 to February 15, 2018. The verification assessed whether the bonds, intended to fund solar electric system installations, met the Climate Bonds Standard v2.1 and Solar Sector Criteria v2.1. Using a limited level of assurance and ISAE 3000 standards, the verifier concluded that the bonds were prepared in all material respects according to the required standards.

oekom research verified that Landesbank Baden-Württemberg's (LBBW) Green Bond Programme conforms to the Climate Bond Standard Version 2.1. The programme focuses on financing green commercial buildings and renewable energy projects, specifically on- and offshore wind and solar energy. LBBW employs a methodology developed by Drees & Sommer Advanced Building Technologies GmbH to identify commercial buildings in the top 15% of the German market for low carbon performance, using building age and energy performance certificates as primary criteria. The verification confirmed LBBW's processes for project selection, tracking of proceeds, and reporting commitments.

Sustainalytics verified that AC Energy's green bond framework meets the Climate Bonds Standard Version 2.1 for wind, solar, and geothermal energy. The bond intends to finance new and existing projects across the Philippines, Australia, Vietnam, and Indonesia, including a geothermal facility with emissions of 30.14 gCO2equ/kWh. AC Energy aims to develop 5 GW of renewables capacity by 2025.

Sustainalytics has provided a pre-issuance verification letter confirming that DNB Boligkreditt AS's Green Covered Bond meets the Low Carbon Buildings criteria of the Climate Bonds Standard. The bond is intended to finance or refinance a loan portfolio of energy efficient residential buildings in Norway. Sustainalytics found that DNB's eligibility criteria, which include compliance with Norwegian building codes TEK10 or TEK17, target residential mortgages in the top 7% of energy performance in the Norwegian market, exceeding the Climate Bond Standard's requirement of the top 15%.

Sustainalytics verified that Industrial Bank Co.'s planned green bond issuance aligns with the Climate Bonds Standard Version 2.1, specifically for assets in onshore wind, solar power, and electrified urban rail transit.

Sustainalytics conducted a pre-issuance verification of KBC Group's green bond between April and May 2018. The verification confirms that the bond's intended use of proceeds—financing onshore and offshore wind, onshore solar, and energy-efficient residential mortgages—aligns with the Climate Bonds Standard Version 2.1. The report details specific projects in Flanders, Wallonia, and the North Sea, and confirms KBC's internal processes for tracking proceeds and reporting.

First Environment, Inc. conducted a pre-issuance verification of the LACMTA's Proposition A First Tier Senior Sales Tax Revenue Bonds, Series 2017-A (Green Bonds) between August 14 and October 2, 2017. The verification assessed the bonds against the Climate Bonds Standard Version 2.1 and the Low Carbon Land Transport sector criteria Version 1.0. The verifier concluded that the bonds, intended to fund public transport rail infrastructure, conform in all material respects to the required standards.

First Environment, Inc. conducted a pre-issuance verification of BART's General Obligation Bonds (Election of 2016 2017 Series A and Election of 2004 2017 Refunding Series E) between March 27 and April 24, 2017. The verification assessed whether the bonds, intended to fund electrified public transport infrastructure, met the Climate Bonds Standard Version 2.1 and the Low Carbon Land Transport sector criteria Version 1.0. The verifier concluded that the bonds conformed in all material respects to these standards, providing a limited level of assurance based on ISAE 3000 and ISO 14065 principles.

oekom research conducted a limited assurance review of SNCF Réseau's Green Bond Programme and found no evidence of non-conformance with the Climate Bond Standard Version 2.0 and the Low Carbon Land Transport eligibility criteria. The verification covered the selection of projects, internal processes and controls, and reporting requirements. SNCF Réseau intends to use the bond to (re-)finance low carbon rail transportation, with expected net proceeds between EUR 0.5 billion and 1 billion against forecasted financing requirements of approximately EUR 2.8 billion for 2016. The report confirms that SNCF Réseau has established processes for project eligibility, tracking of proceeds via an internal IT system, and plans for periodic assurance engagements.

Bureau Veritas UK Limited provided a pre-issuance limited assurance report for Faro Energy Holdings UK Ltd.'s 2018 Brazilian Solar Bond, concluding that the issuance process conforms with the Climate Bonds Standard 2.1 and Sector Criteria for Solar version 2.1.

Beijing Zhongcai Green Financing Consultant Ltd. conducted a pre-issuance verification of a bond proposed by ICBC London Branch. The verification process, based on the Climate Bonds Standard (CBS) Version 2.1 and ISAE 3000, involved reviewing the issuer's Green Bond Framework, project lists, and declarations. The verifier concluded that the bond is in line with CBS requirements and specific sector criteria for solar, wind, low carbon transport, and marine renewable energy.

DNV GL has provided limited assurance that NAB's proposed SDG Green Bond complies with the Climate Bonds Standard Version 2.1 (CBS v2.1) and relevant Sector Technical Criteria. The verification covers a portfolio of eligible assets including wind, solar, marine renewables, electrified passenger rail, and commercial buildings. DNV GL also conducted a qualitative review confirming the bond's alignment with several United Nations Sustainable Development Goals (UN SDGs), specifically targets related to affordable and clean energy, industry innovation and infrastructure, and sustainable cities and communities.