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left; box-sizing: border-box !important;"> </h1> <h2><span style="color:#808080;"><strong>Entity, Asset, Use of Proceeds and Sustainability-Linked Debt Instrument Certification</strong></span></h2> </div> </div> </div> </div> <div style="box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><a class="mcnButtonContentContainer mcnButton " href="mailto:certification@climatebonds.net" id="0" style="display: block; font-weight: bold; line-height: 16px; text-align: center; text-decoration: none; border: 1px groove; border-top-left-radius: 12px; border-top-right-radius: 12px; border-bottom-right-radius: 12px; border-bottom-left-radius: 12px; background-color: rgb(156, 156, 198); box-shadow: rgba(0, 0, 0, 0.34) 0px 10px 25px 0px; padding: 18px; color: rgb(255, 255, 255); font-family: Arial; font-size: 16px; box-sizing: border-box !important;" target="_blank" title="Contact Us"><span style="color:#FFFFFF;">Contact Us</span></a></span></div> <div 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background-position: center center; background-repeat: no-repeat no-repeat;"> <div class="bodyContainer contentContainer" style="max-width: 780px; width: 780px; flex: 0 0 auto; background-image: none; background-size: cover; border-top-width: 0px; border-bottom-width: 0px; padding-top: 0px; padding-bottom: 0px; box-shadow: none; box-sizing: border-box !important; background-position: center center; background-repeat: no-repeat no-repeat;"> <div class="mcnBoxedTextBlock" style="box-sizing: border-box !important;" width="100%"> <div class="mcnBoxedTextBlockInner" style="display: flex; box-sizing: border-box !important;"> <div class="mcnBoxedTextBlockColumn" style="width: 780px; padding: 9px 18px; box-sizing: border-box !important;"> <div class="mcnTextContentContainer mcnTextContent" style="word-break: break-word; flex-flow: column; color: rgb(139, 138, 138); font-family: "Source Sans Pro", "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 16px; line-height: 24px; text-align: center; padding: 18px; background-color: rgb(242, 242, 242); border: 1px solid rgb(248, 248, 248); box-shadow: none; box-sizing: border-box !important;"> <p><br style="box-sizing: border-box !important;" /><br /><span style="font-family:tahoma,geneva,sans-serif;"><a href="https://www.climatebonds.net/files/files/CBI_Standard_V4.pdf" style="color: rgb(0, 173, 216); box-sizing: border-box !important;"><span style="color:#696969;"><img data-file-id="5826856" src="https://www.climatebonds.net/files/images/CBI_Standard_V4Cover.jpg" style="border: 0px; height: 565px; outline: none; text-decoration: none; max-width: 100%; width: 400px; margin: 0px; box-sizing: border-box !important;" /></span></a></span></p> <p><a href="https://www.climatebonds.net/resources/reports/%E6%B0%94%E5%80%99%E5%80%BA%E5%88%B8%E6%A0%87%E5%87%8640%E4%B8%AD%E6%96%87%E7%89%88%E6%9C%AC"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;">Download Standard V4.0 in Chinese</span></span></a></p> </div> </div> </div> </div> <div class="mcnButtonBlock mcnButtonBlockInner" style="display: flex; justify-content: flex-start; padding: 0px 18px 18px; box-sizing: border-box !important;"> <div style="flex: 1 1 auto; box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><a class="mcnButtonContentContainer mcnButton " href="https://www.climatebonds.net/files/files/CBSv4_0%20-%20ENTITY%20Certification%20Checklist.pdf" id="0" style="display: block; font-weight: bold; line-height: 16px; text-align: center; text-decoration: none; border: 1px groove; border-top-left-radius: 12px; border-top-right-radius: 12px; border-bottom-right-radius: 12px; border-bottom-left-radius: 12px; background-color: rgb(156, 156, 198); box-shadow: rgba(0, 0, 0, 0.34) 0px 10px 25px 0px; padding: 18px; color: rgb(255, 255, 255); font-family: Arial; font-size: 16px; box-sizing: border-box !important;" target="_blank" title="Entity Checklist - Coming Soon"><span style="color:#FFFFFF;">Entity checklist</span></a></span></div> </div> <div class="mcnButtonBlock mcnButtonBlockInner" style="display: flex; justify-content: flex-start; padding: 0px 18px 18px; box-sizing: border-box !important;"> <div style="flex: 1 1 auto; box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><a class="mcnButtonContentContainer mcnButton " href="https://www.climatebonds.net/files/files/CBSv4_0%20-%20SLD%20Certification%20Checklist.pdf" id="0" style="display: block; font-weight: bold; line-height: 16px; text-align: center; text-decoration: none; border: 1px groove; border-top-left-radius: 12px; border-top-right-radius: 12px; border-bottom-right-radius: 12px; border-bottom-left-radius: 12px; background-color: rgb(156, 156, 198); box-shadow: rgba(0, 0, 0, 0.34) 0px 10px 25px 0px; padding: 18px; color: rgb(255, 255, 255); font-family: Arial; font-size: 16px; box-sizing: border-box !important;" target="_blank" title="SLB Checklist - Coming Soon"><span style="color:#FFFFFF;">Sustainability-linked debt checklist</span></a></span></div> </div> <div class="mcnTextBlock" style="box-sizing: border-box !important;" width="100%"> <div class="mcnTextBlockInner" style="display: flex; padding: 9px; box-sizing: border-box !important;"> <div style="width: 762px; box-sizing: border-box !important;"> <div class="mcnTextContent" style="word-break: break-word; flex-flow: column; color: rgb(128, 128, 128); font-family: Helvetica; font-size: 16px; line-height: 24px; padding: 0px 9px 9px; box-sizing: border-box !important;"> <h3 style="margin: 0px; padding: 0px; color: rgb(68, 68, 68); font-family: "Source Sans Pro", "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 22px; font-weight: bold; line-height: 33px; box-sizing: border-box !important;"> <span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;">What's new in Standard 4.0?</span></span><br /> </h3> <p style="margin: 10px 0px; padding: 0px; line-height: 24px; box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;">The structural expansion of the Climate Bonds Standard and Certification Scheme now allows for certification of non-financial corporates (i.<em style="box-sizing: border-box !important;">e., Corporates providing goods and services in the real economy</em>), assets and sustainability-linked debt instruments.<span style="font-size: 13px;"> </span></span></span></p> <p>Essentially, those corporates that are aligned with 1.5-degree pathways or will be by 2030 will be eligible for certification.</p> <p>This includes those whose emissions are already ‘near zero’ and those that are not, so long as the corporate has suitably <em style="box-sizing: border-box !important;">Ambitious</em> <em style="box-sizing: border-box !important;">Performance Targets</em> and <em style="box-sizing: border-box !important;">Credible Transition Plans</em> for the delivery of those Targets, i.e., it is undergoing an ambitious and credible Transition. </p> <p>That is, although this work originated from our focus on ensuring credible transitions, and ‘no greenwashing’ as the transition concept and label emerged, these new certification offerings are applicable more broadly than just transitioning corporates and Sustainability-linked debt instruments.<br /> </p> </div> </div> </div> </div> <div class="mcnButtonBlock mcnButtonBlockInner" style="display: flex; justify-content: flex-start; padding: 0px 18px 18px; box-sizing: border-box !important;"> <div style="flex: 1 1 auto; box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><a class="mcnButtonContentContainer mcnButton " href="https://www.climatebonds.net/certification/get-certified" id="0" style="display: block; font-weight: bold; line-height: 16px; text-align: center; text-decoration: none; border: 1px groove; border-top-left-radius: 12px; border-top-right-radius: 12px; border-bottom-right-radius: 12px; border-bottom-left-radius: 12px; background-color: rgb(156, 156, 198); box-shadow: rgba(0, 0, 0, 0.34) 0px 10px 25px 0px; padding: 18px; color: rgb(255, 255, 255); font-family: Arial; font-size: 16px; box-sizing: border-box !important;" target="_blank" title="Apply for Certification"><span style="color:#FFFFFF;">Apply for Certification</span></a></span></div> </div> <div class="mcnButtonBlock mcnButtonBlockInner" style="display: flex; justify-content: center; padding: 0px 18px 18px; box-sizing: border-box !important;"> <div style="flex: 1 1 auto; box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><a class="mcnButtonContentContainer mcnButton " href="https://www.climatebonds.net/certification/approved-verifier" id="0" style="display: block; font-weight: bold; line-height: 16px; text-align: center; text-decoration: none; border: 1px groove; border-top-left-radius: 12px; border-top-right-radius: 12px; border-bottom-right-radius: 12px; border-bottom-left-radius: 12px; background-color: rgb(156, 156, 198); box-shadow: rgba(0, 0, 0, 0.34) 0px 10px 25px 0px; padding: 18px; color: rgb(255, 255, 255); font-family: Arial; font-size: 16px; box-sizing: border-box !important;" target="_blank" title="Become an Approved Verifier"><span style="color:#FFFFFF;">Become an Approved Verifier</span></a></span></div> </div> <div class="mcnTextBlock" style="box-sizing: border-box !important;" width="100%"> <div class="mcnTextBlockInner" style="display: flex; padding: 9px; box-sizing: border-box !important;"> <div style="width: 762px; box-sizing: border-box !important;"> <div class="mcnTextContent" style="word-break: break-word; flex-flow: column; color: rgb(128, 128, 128); font-family: Helvetica; font-size: 16px; line-height: 24px; padding: 0px 9px 9px; box-sizing: border-box !important;"> <p> </p> <hr /><h3 style="margin: 0px; padding: 0px; color: rgb(68, 68, 68); font-family: "Source Sans Pro", "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 22px; font-weight: bold; line-height: 33px; box-sizing: border-box !important;"> <span style="color:#7c539e;"><span style="font-size:36px;"><span style="font-family:tahoma,geneva,sans-serif;">Key features of the Entity and Sustainability-linked debt instrument certification</span></span></span></h3> <p> </p> <p><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;"><strong>Ambition: </strong>The goal of transition is to deliver no more than 1.5-degree global warming. This is a key test for eligibility for certification. </span></span></p> <p style="box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;"><strong>Inclusivity:</strong> The collective goal of global net zero emissions will not be met without decarbonising the highest emitters as well as building up low or zero carbon alternatives. Certification is designed to support all transition, provided the goals, the path and the pace are suitably ambitious. </span></span></p> <p style="box-sizing: border-box !important;"> </p> <p style="box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;"><strong>For this reason:</strong></span></span></p> <p style="box-sizing: border-box !important;"> </p> <ol style="box-sizing: border-box !important;"><li style="box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;">Corporates and SLDs from all sectors will be eligible for Certification (once relevant sector-specific criteria are available). </span></span><br /> </li> <li style="box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;">Corporates and SLDs from those already on 1.5-degree pathways are eligible for certification <em style="box-sizing: border-box !important;">as are </em>those who will align with those pathways by 2030 at the latest (so long as they can demonstrate the ambition of their future Performance Targets and the credibility of their Transition Plan to deliver on those Targets). </span></span><br /> </li> <li style="box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;">Granular simplicity: Bridges the gap between existing market guidance tailored specifically to SLDs which have good uptake but are lighter touch in detail and the deeper company-level assessment frameworks available that are more comprehensive but perhaps too complex for wide market uptake. </span></span></li> </ol><p style="box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;"></span></span></p> <hr /><h2><strong style="font-family: tahoma, geneva, sans-serif; font-size: 36px; color: rgb(124, 83, 158);">New Certification Labels</strong></h2> <div class="page" title="Page 3"> <div class="section"> <div class="layoutArea"> <div class="column"> <p><span style="font-size:14px;"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;">Our expanded Standard and Certification Scheme offers two levels of Certification (Aligned and Transition): </span></span></span></p> <p><span style="font-size:14px;"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;"><strong>Level 1 (Aligned)</strong></span></span></span></p> <div class="page" title="Page 3"> <div class="section"> <div class="layoutArea"> <div class="column"> <p><span style="font-size:14px;"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;">Entities, Debt instruments or Assets that are already aligned with 1.5 degree pathways. This category includes both those already near net-zero and those above net-zero but within sectoral 1.5 degree pathways and transition plans that predict alignment with those pathways going forward. </span></span></span></p> <p><span style="font-size:14px;"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;"><strong>Level 2 (Transition)</strong></span></span></span></p> <p class="p1" style="margin: 0px; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-stretch: normal; font-size: 12px; line-height: normal; font-family: "Source Sans Pro Light"; color: rgb(0, 0, 0);"><span style="font-size:14px;"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;">Entities or Sustainability-linked debt whose transition plans predict that they will be aligned with 1.5 degree pathways by 2030.</span></span></span></p> <p class="p1" style="margin: 0px; font-variant-numeric: normal; font-variant-east-asian: normal; font-variant-alternates: normal; font-kerning: auto; font-optical-sizing: auto; font-feature-settings: normal; font-variation-settings: normal; font-stretch: normal; font-size: 12px; line-height: normal; font-family: "Source Sans Pro Light"; color: rgb(0, 0, 0);"> </p> </div> </div> </div> </div> </div> </div> </div> </div> <p><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;"><img alt="" src="https://www.climatebonds.net/files/images/certification/Screenshot%202023-04-13%20at%2014_42_57.png" style="width: 700px; height: 435px; float: left;" /></span></span></p> <p> </p> <p> </p> <p> </p> </div> </div> </div> </div> <div class="mcnTextBlock" style="box-sizing: border-box !important;" width="100%"> <div class="mcnTextBlockInner" style="display: flex; padding: 9px; box-sizing: border-box !important;"> <div style="width: 762px; box-sizing: border-box !important;"> <div class="mcnTextContent" style="word-break: break-word; flex-flow: column; color: rgb(128, 128, 128); font-family: Helvetica; font-size: 16px; line-height: 24px; padding: 0px 9px 9px; box-sizing: border-box !important;"> <hr /><h3 style="margin: 0px; padding: 0px; color: rgb(68, 68, 68); font-family: "Source Sans Pro", "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 22px; font-weight: bold; line-height: 33px; box-sizing: border-box !important;"> </h3> <h3 style="margin: 0px; padding: 0px; color: rgb(68, 68, 68); font-family: "Source Sans Pro", "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 22px; font-weight: bold; line-height: 33px; box-sizing: border-box !important;"><span style="color:#7c539e;"><span style="font-size:36px;"><span style="font-family:tahoma,geneva,sans-serif;">Sustainability-linked debt instruments/Entity Certifications that need a transition plan</span></span></span></h3> </div> </div> </div> </div> <div class="mcnTextBlock" style="box-sizing: border-box !important;" width="100%"> <div class="mcnTextBlockInner" style="display: flex; padding: 9px; box-sizing: border-box !important;"> <div style="width: 762px; box-sizing: border-box !important;"> <div class="mcnTextContent" style="word-break: break-word; flex-flow: column; color: rgb(128, 128, 128); font-family: Helvetica; font-size: 16px; line-height: 24px; padding: 0px 9px 9px; box-sizing: border-box !important;"> <p class="rtecenter" style="margin: 10px 0px; padding: 0px; line-height: 24px; box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;"><a href="https://www.climatebonds.net/files/files/cbsv4_0-list-of-sectors-needing-delivery-strategy-%2020-april-2023-final.pdf">Read the full list of sectors needing a delivery strategy for Entity or Sustainability-linked debt Certification here</a>.</span></span></p> <p class="rtecenter" style="margin: 10px 0px; padding: 0px; line-height: 24px; box-sizing: border-box !important;"><a href="https://www.climatebonds.net/files/files/cbsv4_0-list-of-sectors-needing-delivery-strategy-%2020-april-2023-final.pdf"><span style="font-family: tahoma, geneva, sans-serif;"><span style="color: rgb(105, 105, 105);"><img alt="" src="https://www.climatebonds.net/files/images/certification/icons/cbsv4_0-list-of-sectors-thumnail.png" style="opacity: 0.9; width: 200px; height: 276px;" /></span></span></a></p> </div> </div> </div> </div> <div class="mcnDividerBlock" style="box-sizing: border-box !important; table-layout: fixed !important;"> <div class="mcnDividerBlockInner" style="padding: 18px; box-sizing: border-box !important;"> <div class="mcnDividerContent" style="border-top-width: 2px; border-top-style: solid; border-top-color: rgb(234, 234, 234); box-sizing: border-box !important;"> </div> </div> </div> <div class="mcnTextBlock" style="box-sizing: border-box !important;" width="100%"> <div class="mcnTextBlockInner" style="display: flex; padding: 9px; box-sizing: border-box !important;"> <div style="width: 762px; box-sizing: border-box !important;"> <div class="mcnTextContent" style="word-break: break-word; flex-flow: column; color: rgb(128, 128, 128); font-family: Helvetica; font-size: 16px; line-height: 24px; padding: 0px 9px 9px; box-sizing: border-box !important;"> <h3 style="margin: 0px; padding: 0px; color: rgb(68, 68, 68); font-family: "Source Sans Pro", "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 22px; font-weight: bold; line-height: 33px; box-sizing: border-box !important;"><span style="font-size:36px;"><span style="color:#7c539e;"><span style="font-family:tahoma,geneva,sans-serif;">Sectors that can be Certified</span></span></span></h3> <p style="margin: 10px 0px; padding: 0px; line-height: 24px; box-sizing: border-box !important;"> </p> <p style="margin: 10px 0px; padding: 0px; line-height: 24px; box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;">The basic pillars for all types of certifications under the Standard are a standardised rule set of sector level eligibility of projects, transparency, and external review by a Climate Bonds Approved Verifier. Climate Bonds will be expanding the range of available sectors for all the certification types. <br style="box-sizing: border-box !important;" /><br /><br style="box-sizing: border-box !important;" /><br /><strong style="box-sizing: border-box !important;">See the Sector Criteria here:</strong> </span><a href="https://www.climatebonds.net/standard/available" style="color: rgb(0, 173, 216); box-sizing: border-box !important;" target="_blank"><span style="color:#696969;">https://www.climatebonds.net/standard/available</span></a></span></p> <p style="margin: 10px 0px; padding: 0px; line-height: 24px; box-sizing: border-box !important;"><br style="box-sizing: border-box !important;" /><br /><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;"><strong style="box-sizing: border-box !important;">Below are the available sectors:</strong></span></span></p> </div> </div> </div> </div> <div class="mcnImageBlock mcnImageBlockInner" style="padding: 9px; box-sizing: border-box !important;"> <div class="mcnImageContent" style="display: flex; padding: 0px 9px; justify-content: center; box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#696969;"><img alt="" class="mcnImage" src="https://mcusercontent.com/9756b4a8f3348b74c4fe6978e/images/7a0fe1bb-75e5-d9ba-6dd3-85647c9f5200.png" style="border: 0px; height: auto; outline: none; vertical-align: bottom; max-width: 100%; align-self: center; flex: 0 0 auto; box-shadow: none; box-sizing: border-box !important;" width="auto" /></span></span></div> </div> <div class="mcnDividerBlock" style="box-sizing: border-box !important; table-layout: fixed !important;"> <div class="mcnDividerBlockInner" style="padding: 18px; box-sizing: border-box !important;"> <div class="mcnDividerContent" style="border-top-width: 2px; border-top-style: solid; border-top-color: rgb(234, 234, 234); box-sizing: border-box !important;"> </div> </div> </div> <div class="mcnTextBlock" style="box-sizing: border-box !important;" width="100%"> <div class="mcnTextBlockInner" style="display: flex; padding: 9px; box-sizing: border-box !important;"> <div style="width: 762px; box-sizing: border-box !important;"> <div class="mcnTextContent" style="word-break: break-word; flex-flow: column; color: rgb(128, 128, 128); font-family: Helvetica; font-size: 16px; line-height: 24px; padding: 0px 9px 9px; box-sizing: border-box !important;"> <h3 class="null" style="margin: 0px; padding: 0px; color: rgb(68, 68, 68); font-family: "Source Sans Pro", "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 22px; font-weight: bold; line-height: 33px; box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#7c539e;"><span style="font-size:36px;">Download the brochure</span></span><br /><br style="box-sizing: border-box !important;" /><br /><a href="https://www.climatebonds.net/files/page/files/climate_bonds_expanded_standard_and_certification_scheme_brochure_1.pdf" style="color: rgb(0, 173, 216); font-weight: normal; box-sizing: border-box !important;" target="_blank"><span style="color:#696969;"><img align="none" data-file-id="5826744" height="275" src="https://mcusercontent.com/9756b4a8f3348b74c4fe6978e/images/781c9b38-cec7-f8cf-c1a5-4a7b95517b0a.png" style="border: 0px; height: 275px; outline: none; text-decoration: none; max-width: 100%; width: 200px; margin: 0px 15px 0px 0px; box-sizing: border-box !important;" width="200" /></span></a> <a href="https://www.climatebonds.net/files/page/files/climate_bonds_expanded_standard_and_certification_scheme_v4.0_cn.pdf"><img alt="" src="https://www.climatebonds.net/files/images/Climate%20Bonds%20Standard%20V4_0%20Chinese_CN%282%29.png" style="width: 200px; height: 275px;" /></a></span></h3> <h3 class="null" style="margin: 0px; padding: 0px; color: rgb(68, 68, 68); font-family: "Source Sans Pro", "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 22px; font-weight: bold; line-height: 33px; box-sizing: border-box !important;"> </h3> </div> </div> </div> </div> <div class="mcnBoxedTextBlock" style="box-sizing: border-box !important;" width="100%"> <div class="mcnBoxedTextBlockInner" style="display: flex; box-sizing: border-box !important;"> <div class="mcnBoxedTextBlockColumn" style="width: 780px; padding: 9px 18px; box-sizing: border-box !important;"> <div class="mcnTextContentContainer mcnTextContent" style="word-break: break-word; flex-flow: column; color: rgb(242, 242, 242); font-family: "Source Sans Pro", "Helvetica Neue", Helvetica, Arial, sans-serif; font-size: 16px; line-height: 24px; padding: 18px; background-color: rgb(72, 105, 163); border: 1px solid; box-shadow: none; box-sizing: border-box !important;"> <div style="box-sizing: border-box !important;"> <p style="margin: 10px 0px; padding: 0px; line-height: 24px; box-sizing: border-box !important;"><span style="color:#FFFFFF;"><span style="font-family:tahoma,geneva,sans-serif;">These proposals are built on the foundations of Climate Bonds’ Transition Principles, Transition Categories and Credible Transition Hallmarks detailed in our two papers: </span></span></p> <ul style="box-sizing: border-box !important;"><li style="box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><a href="https://www.climatebonds.net/transition-finance/fin-credible-transitions" style="color: rgb(0, 173, 216); box-sizing: border-box !important;"><span style="color:#FFFFFF;">Financing Credible Transitions</span></a></span></li> <li style="box-sizing: border-box !important;"><span style="font-family:tahoma,geneva,sans-serif;"><a href="https://www.climatebonds.net/transition-finance-transforming-companies" style="color: rgb(0, 173, 216); box-sizing: border-box !important;"><span style="color:#FFFFFF;">Transition finance for transforming companies</span></a></span></li> </ul><p style="margin: 10px 0px; padding: 0px; line-height: 24px; box-sizing: border-box !important;"><span style="color:#FFFFFF;"><span style="font-family:tahoma,geneva,sans-serif;">They have also been informed by a review of all similar frameworks and initiatives tackling the requirements in a credible Transition Targets and Transition Plan, including but not limited to, GFANZ, TCFD, ACT, SBTI, UK one, EU Platform for Sustainable Finance, ICMA’s SLD Principles and Climate Finance Transition Handbook. </span></span></p> </div> </div> </div> </div> </div> <div class="mcnDividerBlock" style="box-sizing: border-box !important; 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height: 0px; overflow: hidden; padding-bottom: 104.625px; box-sizing: border-box !important;"> <iframe allowfullscreen="1" frameborder="0" mozallowfullscreen="1" src="https://www.youtube.com/embed/Io4Z4IM6iTg" style="position: absolute; top: 0px; left: 0px; width: 186px; height: 104.625px; box-sizing: border-box !important;" webkitallowfullscreen="1"></iframe></div> </td> </tr></tbody></table></div> <div class="mcnVideoCaption" style="display: flex; flex: 0 0 auto; box-sizing: border-box !important;"> <div class="mcnTextContent" style="word-break: break-word; flex-flow: column; color: rgb(242, 242, 242); font-family: Helvetica; font-size: 14px; line-height: 21px; text-align: center; flex: 1 1 100%; padding: 18px; box-sizing: border-box !important;">Unlocking 1.5-Degree Alignment: New Climate Bonds Standard and Certification Scheme</div> </div> </div> </div> </div> <div class="mcnButtonBlock mcnButtonBlockInner" style="display: flex; justify-content: center; padding: 0px 18px 18px; box-sizing: border-box !important;"> <div style="box-sizing: border-box !important;"><a class="mcnButtonContentContainer mcnButton " href="https://www.climatebonds.net/certification-video-resources" id="0" style="display: block; 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Any reference to a financial organisation or debt instrument or investment product is for information purposes only. Links to external websites are for information purposes only. The Climate Bonds Initiative accepts no responsibility for any content on any external website. Certification under the Climate Bonds Standard relates exclusively to the conformity of one or more designated debt instruments, designated assets and/or designated entities with the applicable Climate Bonds Standard at the time of certification. Certification under the Climate Bonds Standard carries no implication (and should not be understood as carrying any implication) as to any other aspect of any debt instrument or investment product or any collection of debt instruments or investment products or any asset or entity or group of assets or entities or as to continuing conformity at any time after the time of certification. In particular, such certification carries no implication (and should not be understood as carrying any implication) that any stated target has been or will at any time be met or that any particular legal or regulatory requirement has been or will be satisfied. The Climate Bonds Initiative is not endorsing, recommending or advising on the financial merits or (subject to the previous paragraph) any other aspect of any debt instrument or investment product or any collection of debt instruments or investment products or any asset or entity or group of assets or entities and no information within this document should be taken as such, nor should any information in this document be relied upon in making any investment decision. A decision to invest in anything is solely yours. The Climate Bonds Initiative accepts no liability of any kind, for any investment made by an individual or organisation, nor for any investment made by third parties on behalf of an individual or organisation, based in whole or in part on any information contained within this, or any other Climate Bonds Initiative document.</span></div> </div> </div> </div> </div> </div> </div> </div> </div> </div> </div></div></div><div class="field field-name-field-attachment field-type-file field-label-above"><div class="field-label">Download file: </div><div class="field-items"><div class="field-item even"><span class="file"><img class="file-icon" alt="PDF icon" title="application/pdf" src="/modules/file/icons/application-pdf.png" /> <a href="https://www.climatebonds.net/files/page/files/climate_bonds_expanded_standard_and_certification_scheme_v4.0_cn.pdf" type="application/pdf; length=1549832">climate_bonds_expanded_standard_and_certification_scheme_v4.0_cn.pdf</a></span></div></div></div> 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