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Fisheries | Climate Bonds Initiative
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In order for others to benefit from the work done to date, it has been written up in order to" /> <meta name="generator" content="Drupal 7 (http://drupal.org)" /> <link rel="canonical" href="https://www.climatebonds.net/standard/fisheries" /> <link rel="shortlink" href="https://www.climatebonds.net/node/54215" /> <meta property="og:site_name" content="Climate Bonds Initiative" /> <meta property="og:title" content="Fisheries" /> <meta property="og:description" content="Status: The criteria for Marine Fisheries had been worked on for some time before it became clear that it required much more data in order for decisions on thresholds to be made. In addition, the demand from issuers is not sufficient. As such, work on this criteria is now on hold. In order for others to benefit from the work done to date, it has been written up in order to provide initial pointers for what would be required for a restart to be considered." /> <meta property="og:updated_time" content="2021-04-01T14:51:23+01:00" /> <meta property="og:image" content="https://www.climatebonds.net/sites/all/themes/climatebonds/images/og-image.jpg" /> <meta property="og:image:url" content="https://www.climatebonds.net/sites/all/themes/climatebonds/images/og-image.jpg" /> <meta property="og:image:secure_url" content="https://www.climatebonds.net/sites/all/themes/climatebonds/images/og-image.jpg" /> <meta property="og:image:type" content="image/jpeg" /> <meta property="og:image:width" content="1045" /> <meta property="og:image:height" content="600" /> <meta property="article:published_time" content="2020-08-28T00:00:00+01:00" /> <meta property="article:modified_time" content="2021-04-01T14:51:23+01:00" /> <title>Fisheries | Climate Bonds Initiative</title> <link 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Rigorous <a href="https://www.climatebonds.net/standard/available">scientific criteria</a> ensure that Certified investments in climate mitigation are consistent with the <span style="text-align: justify; box-sizing: border-box; font-size: 14px; font-family: arial, helvetica, sans-serif;">1.5<span style="box-sizing: border-box; position: relative; font-size: 10.5px; line-height: 0; vertical-align: baseline; top: -0.5em;">o</span>C </span>warming limit in the Paris Agreement. The Scheme is used globally by bond issuers, governments, investors and the financial markets to prioritise investments which genuinely contribute to addressing climate change.</strong></p> </div> </div> </section> </div> </div> <div class="main-container container" id="content"> <header role="banner" id="page-header"> </header> <!-- /#page-header --> <div class="row"> <aside class="col-xs-12 col-sm-12 col-md-3" role="complementary"> <div class="region region-sidebar-first well"> <section id="block-menu-block-1" class="block block-menu-block sidebar-menu clearfix"> <div class="menu-block-wrapper menu-block-1 menu-name-main-menu parent-mlid-0 menu-level-2"> <ul class="menu nav"><li class="first expanded menu-mlid-2229"><a href="https://www.climatebonds.net/standard/the-standard" title="">The Standard</a><ul class="menu nav"><li class="first leaf menu-mlid-3663"><a href="/climate-bonds-standard-v42">Climate Bonds Standard V4.2</a></li> <li class="leaf menu-mlid-3624"><a 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class="active">Fisheries</li> </ol> <a id="main-content"></a> <h1 class="page-header">Fisheries</h1> <div class="region region-content"> <section id="block-system-main" class="block block-system clearfix"> <article id="node-54215" class="node node-page clearfix"> <div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p><strong>Status:</strong> The criteria for Marine Fisheries had been worked on for some time before it became clear that it required much more data in order for decisions on thresholds to be made. In addition, the demand from issuers is not sufficient. As such, work on this criteria is now on hold. In order for others to benefit from the work done to date, it has been written up in order to provide initial pointers for what would be required for a restart to be considered. </p> <ul><li><a href="https://www.climatebonds.net/files/files/Fisheries%20Criteria_Position%20Paper_Final_Sep2020.pdf">Position paper on the potential for developing criteria and green definitions for low carbon fishing</a></li> </ul><p></p> <p>These Criteria were developed by a <a href="#TWG members">Technical Working Group (TWG)</a>. They recognise the diversity of countries, issuers and verifiers as well as the potential for secondary use of the Climate Bonds Standard by other entities such as Green Climate Fund, Corporate Social Responsibility (CSR) programs and impact investors. Many of the individuals represented here were also involved in the development of the Marine renewable Energy criteria. </p> <p><a id="TWG members" name="TWG members"></a></p> <p> </p> <p><strong>MARINE TECHNICAL WORKING GROUP</strong> who worked on the development of criteria for fisheries.</p> <p><strong>Lead Specialist</strong></p> <table cellpadding="10" style="width: 1398.18px;" vertical-align="top"><tbody><tr valign="bottom"><td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Christine-Negra.png" style="width: 100px; height: 100px; float: left;" /></td> </tr><tr valign="top"><td vertical-align:="top"> <p><span style="font-size: 12px;"><span style="font-family: "trebuchet ms", helvetica, sans-serif;"><b>Versant Vision</b><br /> Dr. Christine Negra</span></span><br /><span style="font-size: 12px;"><em><span style="font-family: "trebuchet ms", helvetica, sans-serif;">Principal</span></em></span><br /><strong style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 20.8px;"><em>Marine TWG Lead Specialist</em></strong></p> </td> </tr></tbody></table><p class="rtejustify"><span style="font-size: 14px;"><span style="font-family: "trebuchet ms", helvetica, sans-serif;"><strong>Technical Working Group Members</strong></span></span></p> <table cellpadding="10" style="width: 750px;" vertical-align="top"><tbody><tr valign="bottom"><td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/mike-philips.png" style="opacity: 0.9; line-height: 20.8px; height: 100px; width: 93px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/bill%20karp.png" style="opacity: 0.9; width: 98px; height: 100px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Roberta_Anderson.png" style="opacity: 0.9; line-height: 20.8px; height: 100px; width: 102px;" /></td> <td class="rtecenter"><strong style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 20.8px;"><img alt="" src="https://www.climatebonds.net/files/images/no-profile-pic.png" style="height: 100px; width: 96px;" /></strong></td> </tr><tr valign="top"><td> <p><strong style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;"><a href="http://www.worldfishcenter.org/">World Fish</a> / <a href="http://www.cgiar.org/">CGIAR</a></strong><br /><span style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Dr. Michael Phillips</span><br /><em style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Director, Aquaculture & Genetic Improvement</em></p> </td> <td> <p><a href="http://www.noaa.gov/" style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px;"><strong>National Oceanic & Atmospheric Administration (NOAA)</strong></a><br style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px;" /><br /><span style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px;">Dr. Bill Karp</span><br style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px;" /><br /><em style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px;">Scienist Emeritus, US National Marine Fisheries Service</em></p> </td> <td> <p><a href="http://www.globalgap.org/uk_en/"><strong style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 20.8px;">GlobalGAP</strong></a><br /><font face="trebuchet ms, helvetica, sans-serif"><span style="font-size: 12px; line-height: 19.2px;">Roberta Anderson</span></font><br /><em style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Sustainable Agriculture Expert</em></p> </td> <td> <p><a href="http://www.csiro.au/"><strong style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 20.8px;">CSIRO</strong></a><br /><span style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Dr. Stuart Whitten</span><br /><em style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Economics & Future Pathways</em></p> </td> </tr><tr valign="bottom"><td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/no-profile-pic.png" style="opacity: 0.9; line-height: 20.8px; height: 100px; width: 96px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/colgan.png" style="width: 94px; height: 100px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Carmen_Lacambra.png" style="opacity: 0.9; line-height: 20.8px; height: 100px; width: 89px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Andrea%20Copping.png" style="opacity: 0.9; line-height: 20.8px; height: 100px; width: 96px;" /></td> </tr><tr valign="top"><td class="rtecenter"> <p class="rteleft"><a href="https://support.wwf.org.uk/?pc=APP004001&ds_medium=cpc&gclid=CPn145bDi8wCFcsp0wodfVkAiw&gclsrc=aw.ds"><strong style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">WWF</strong></a><br /><span style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Louise Heaps</span><br /><em style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Chief Advisor on Marine Policy</em></p> </td> <td class="rtecenter"> <p class="rteleft"><span style="font-size: 12px;"><span style="font-family: "trebuchet ms", helvetica, sans-serif;"><a href="http://www.oceaneconomics.org/">Middlebury Institute of International Studies at Monterey</a><br /> Dr. Charles S Colgan<br /><em>Director of Research</em></span></span></p> </td> <td class="rtecenter"> <p class="rteleft"><strong style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;"><a href="http://www.climateadaptation.cc/">Global Climate Adaptation<br /> Partnership</a> / <a href="http://grupolaera.com/en/">Grupo Laera</a></strong><br /><span style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Dr. Carmen Lacambra</span><br /><em style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Ecosystems-based Adaptation Expert</em></p> </td> <td> <p> <a href="http://www.pnnl.gov/" style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 20.8px;"><strong>Pacific Northwest National Laboratory</strong></a><br /><span style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Dr. Andrea Copping</span><br /><em style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Marine Sciences Laboratory</em></p> </td> </tr><tr valign="bottom"><td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/no-profile-pic.png" style="opacity: 0.9; line-height: 20.8px; height: 100px; width: 96px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/andrew-buglass.png" style="opacity: 0.9; line-height: 20.8px; width: 94px; height: 100px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Max%20Carcas.png" style="height: 100px; width: 96px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Michael%20Adams.png" style="opacity: 0.9; width: 96px; height: 100px;" /></td> </tr><tr valign="top"><td class="rtecenter"> <p class="rteleft"><strong style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 20.8px;"><a href="http://www.pcfisu.org/">International Sustainability Unit</a>, WWF</strong><br /><span style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Lucy Holmes</span></p> </td> <td class="rtecenter"> <p class="rteleft"><a href="http://www.buglassenergyadvisory.com/"><strong style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Buglass Energy Advisory</strong></a><br /><span style="line-height: 1.6em; font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px;">Andrew Buglass<br /><em>Founder</em></span></p> </td> <td class="rtecenter"> <p class="rteleft"><strong style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;"><a href="http://www.caelulum.com/">Caelulum Ltd</a> / </strong><strong style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Euro Marine Energy Centre</strong><br /><span style="line-height: 1.6em; font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px;">Max Carcas</span><br /><em style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Managing Director</em></p> </td> <td><a href="http://www.oceanassets.org/" style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px;">Ocean Assets</a><br style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px;" /><br /><span style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px;">Dr. Michael Adams</span><br style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px;" /><br /><em style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px;">CEO</em></td> </tr><tr><td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Brian%20Soden.png" style="opacity: 0.9; line-height: 20.8px; height: 100px; width: 95px;" /></td> <td class="rtecenter"> </td> <td class="rtecenter"> </td> <td class="rtecenter"> </td> </tr><tr valign="top"><td class="rtecenter"> <p class="rteleft"><a href="http://coastalriskconsulting.com/"><strong style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 20.8px;">Coastal Risk Consulting, LLC</strong></a><br /><span style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Dr. Brian Soden</span><br /><em style="font-family: "trebuchet ms", helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Vice President, Science & Technology</em></p> </td> <td class="rtecenter"> </td> <td class="rtecenter"> <p class="rteleft">Thanks also to Rob Parker of Dalhousie University, who kindly provided </p> <p class="rteleft">expert insight and advice outside of the TWG</p> </td> <td> <p class="rtecenter"> </p> </td> </tr></tbody></table><div class="view-content"> <div class="views-row views-row-3 views-row-odd"><a id="IWG" name="IWG"></a></div> <div class="views-row views-row-4 views-row-even"> <div> </div> <div>Each sector-specific eligibility criteria are developed along a set process. This ensures we create robust sceince-backed criteria that are useable in the market:</div> <div><img alt="" src="https://www.climatebonds.net/files/images/Sector%20Criteria%20process.png" style="opacity: 0.9; text-align: center; width: 750px; height: 156px;" /></div> <div> <p>Disclaimer: The Climate Bonds Standard Board operates legally as an advisory committee of the Climate Bonds Initiative Board and oversees the development of the Climate Bonds Standard. Neither the Climate Bonds Standard Board nor any organisation, individual or other person forming part of, or representing, the Climate Bonds Standard Board (together, "CBSB") accepts or owes any duty, liability or responsibility of any kind whatsoever to any issuer which wishes to apply for any of its bonds to be certified under the Climate Bonds Certification Scheme ("Scheme"), or to any issuer whose bonds may at any time be certified under the Scheme or to any other person or body whatsoever, whether with respect to the award or withdrawal of any certification under the Scheme or otherwise. All advice or recommendations with respect to any certification under the Scheme or otherwise that CBSB provides to the Climate Bonds Initiative Board is provided to it in an advisory capacity only and is not to be treated as provided or offered to any other person.</p> </div> </div> <div> </div> </div> </div></div></div> </article> </section> </div> </section> </div> </div> </div><!-- end wrapper --> <div id="footer"> <footer class="footer"> <div class="row registered-charity"> <div class="col-xs-12 col-sm-6"> Climate Bonds Initiative is a registered charity in England and Wales (no. 1154413) </div> <div class="col-xs-12 col-sm-6 pull-right charity-conditions"> <a href="/sitemap">Site Map</a> | <a href="/privacy">Privacy Policy</a> | <a href="/legal">Terms & Conditions of Use</a> </div> </div> <div class="container"> <div class="row"> <div class="region region-footer"> <section id="block-menu-block-2" class="block block-menu-block superfooter clearfix"> <div class="menu-block-wrapper 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