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Waste Management | Climate Bonds Initiative

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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 href="/standard/climate-bonds-standard-41">Climate Bonds Standard V4.1</a></li> <li class="leaf menu-mlid-3574"><a href="/climate-bonds-standard-v4">Climate Bonds Standard V4.0</a></li> <li class="leaf menu-mlid-1775"><a href="/climate-bonds-standard-v3">Climate Bonds Standard V3.0</a></li> <li class="last leaf menu-mlid-3575"><a href="/climate-bonds-standard-v21-0">Climate Bonds Standard V2.1</a></li> </ul></li> <li class="leaf menu-mlid-1185"><a href="/standard/taxonomy">Climate Bonds Taxonomy</a></li> <li class="expanded active-trail menu-mlid-1378 active"><a href="/standard/sector-criteria" class="active-trail">Sector Criteria</a><ul class="menu nav"><li class="first expanded active-trail menu-mlid-1150 active"><a href="/standard/available" class="active-trail">Sector Criteria Available for Certification</a><ul class="menu nav"><li class="first leaf menu-mlid-3573"><a href="/standard/crop-livestock-criteria">Agriculture Production</a></li> <li class="leaf menu-mlid-1669"><a 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Management</li> </ol> <a id="main-content"></a> <h1 class="page-header">Waste Management</h1> <div class="region region-content"> <section id="block-system-main" class="block block-system clearfix"> <article id="node-30366" 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><img alt="" src="https://www.climatebonds.net/files/images/CBI-Waste_Criteria-01A%20%281%29.jpg" style="width: 848px; height: 280px;" /></p> <div style="background-color: #D8D8D8; width:300px; height300px; float:right; margin-left: 10px; margin-right: 10px; padding-bottom: 8px; padding-left: 8px; padding-right: 8px; padding-top: 8px;"> <p><span style="font-family:arial,helvetica,sans-serif;"><b>RESOURCES</b></span><br /> 1. <a href="https://www.climatebonds.net/files/files/standards/Waste%20Management/Brochure%20Waste%20Management%20Brochure.pdf" style="background-color: rgb(216, 216, 216);">Waste Management Brochure</a></p> <p>2. <a href="https://www.climatebonds.net/files/files/Waste%20Management%20Criteria_August2022.pdf">Waste Management Criteria</a></p> <p>3. <a href="https://www.climatebonds.net/files/files/Waste%20Management%20Background%20Paper_August2022.pdf">Waste Management Background Paper</a></p> <p>4. <a href="https://www.climatebonds.net/files/files/standards/Waste%20Management/Waste%20C%20calculation.xlsx">EfW Guidance - example net CV and fossil carbon calculations (UK data)</a></p> <p> </p> <p><span style="font-family: arial, helvetica, sans-serif;"><a href="https://www.climatebonds.net/climate-bonds-standard-v3">Climate Bonds Standard</a></span></p> <p><strong>Certifications</strong></p> <p><span style="font-family: arial, helvetica, sans-serif; font-size: 14px; background-color: rgb(216, 216, 216);">To see the whole list of Electrical Grids and Storage Climate Bonds, visit our </span><a href="https://www.climatebonds.net/certification/certified-bonds" style="font-family: arial, helvetica, sans-serif; font-size: 14px; background-color: rgb(216, 216, 216);"> Database of Certified Bonds</a></p> <p><span style="font-family:arial,helvetica,sans-serif;"><b>Timeline of Development</b></span></p> <p><span style="font-family:arial,helvetica,sans-serif;"><b><font color="#000020">January <span style="text-align: left; text-transform: none; text-indent: 0px; letter-spacing: normal; font-size: 13px; font-style: normal; font-variant: normal; text-decoration: none; word-spacing: 0px; white-space: normal; orphans: 2; -webkit-text-stroke-width: 0px;">2017: </span></font></b><span style="text-align: left; color: rgb(51, 51, 51); text-transform: none; line-height: 20.8px; text-indent: 0px; letter-spacing: normal; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; word-spacing: 0px; white-space: normal; orphans: 2; -webkit-text-stroke-width: 0px; background-color: rgb(216, 216, 216);">TWG Launch</span></span></p> <p><span style="font-family:arial,helvetica,sans-serif;"><b><font color="#000020">June - August <span style="text-align: left; text-transform: none; text-indent: 0px; letter-spacing: normal; font-size: 13px; font-style: normal; font-variant: normal; text-decoration: none; word-spacing: 0px; white-space: normal; orphans: 2; -webkit-text-stroke-width: 0px;">2019: </span></font></b><span style="text-align: left; color: rgb(51, 51, 51); text-transform: none; line-height: 20.8px; text-indent: 0px; letter-spacing: normal; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; word-spacing: 0px; white-space: normal; orphans: 2; -webkit-text-stroke-width: 0px; background-color: rgb(216, 216, 216);">Public Consultation</span></span></p> <p><span style="font-family:arial,helvetica,sans-serif;"><b><font color="#000020">December <span style="text-align: left; text-transform: none; text-indent: 0px; letter-spacing: normal; font-size: 13px; font-style: normal; font-variant: normal; text-decoration: none; word-spacing: 0px; white-space: normal; orphans: 2; -webkit-text-stroke-width: 0px;">2019: </span></font></b><a href="https://www.climatebonds.net/2019/12/climate-bonds-launches-green-criteria-waste-management-investment-new-industry-sector-under"><span style="text-align: left; color: rgb(51, 51, 51); text-transform: none; line-height: 20.8px; text-indent: 0px; letter-spacing: normal; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; word-spacing: 0px; white-space: normal; orphans: 2; -webkit-text-stroke-width: 0px; background-color: rgb(216, 216, 216);">Criteria Launch</span></a></span></p> </div> <p class="rtejustify"><span style="font-family:arial,helvetica,sans-serif;"><span style="font-size:14px;"><b style="box-sizing: border-box; color: rgb(51, 51, 51); font-family: arial,helvetica,sans-serif; font-size: 14px; font-style: normal; font-variant: normal; font-weight: 700; letter-spacing: normal; orphans: 2; text-align: justify; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;">Status: </b><span style="text-align: justify; color: rgb(51, 51, 51); text-transform: none; text-indent: 0px; letter-spacing: normal; font-style: normal; font-variant: normal; font-weight: 400; text-decoration: none; word-spacing: 0px; display: inline !important; white-space: normal; orphans: 2; float: none; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);">The Waste Management Criteria is available for use in Certifications under the Climate Bonds Standard, please contact </span><a href="mailto:certification@climatebonds.net">certification@climatebonds.net</a> to start the certification process of your waste management green bond.</span></span></p> <p class="rtejustify"><span style="font-size: 10.5pt; font-family: Tahoma, sans-serif;">Financial instruments (bonds and loans) linked to these eligible assets, activities and entities will be aligned with the Paris Agreement and the goal of keeping global temperature rises to no more than </span><span style="box-sizing: border-box; font-size: 14px; font-family: arial, helvetica, sans-serif;">1.5</span><span style="box-sizing: border-box; font-size: 14px; font-family: arial, helvetica, sans-serif;"><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><span style="font-size: 10.5pt; font-family: Tahoma, sans-serif;">above pre-industrial levels.</span></p> <p class="rtejustify"><a href="https://zoom.us/rec/share/x-1QDpTc3G5IRrfJ4mGcaqkuGoLAeaa80CFI-6INmUu2_lPIXOcl3VtteaHfY56w?startTime=1595598117000"><img alt="" src="https://zoom.us/rec/share/x-1QDpTc3G5IRrfJ4mGcaqkuGoLAeaa80CFI-6INmUu2_lPIXOcl3VtteaHfY56w?startTime=1595598117000" />Waste Management Criteria Webinar</a> </p> <p class="rtejustify"><strong><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">Criteria Summary:</span></strong></p> <p class="rtejustify"><span style="font-family: arial, helvetica, sans-serif; font-size: 14px;">These Criteria apply to assets and projects relating to the following aspects of the treatment of municipal solid waste and similar waste:</span></p> <p class="rtejustify"><span style="font-size:14px;"><span style="font-family:arial,helvetica,sans-serif;">● Collection (including collection infrastructure, containers)<br /> ● Sorting to separate recyclables<br /> ● Reuse and recycling (including processing into secondary raw materials and repair)<br /> ● Composting &amp; anaerobic digestion of green/garden/yard and food waste<br /> ● Thermal treatment with energy recovery of residual waste (outside the EU only)<br /> ● The installation of gas recovery systems for landfill sites (for non-operational landfill sites only)</span></span></p> <div style="background-color: #0B0B61; width:300px; height200px; float:right; margin-left: 10px; margin-right: 10px; padding-bottom: 8px; padding-left: 8px; padding-right: 8px; padding-top: 8px;"><span style="font-family:arial,helvetica,sans-serif;"><strong><span style="font-size:14px;"><span style="color:#FFFFFF;">Interested in Climate Bonds Certification?</span></span></strong><br /><strong style="text-align: justify; font-family: 'trebuchet ms', helvetica, sans-serif; font-size: 14px; line-height: 1.6em;"><span style="font-size: 14px;"><span style="color:#FFFFFF;">1. Read more about the </span><a href="https://www.climatebonds.net/standard/about"><span style="color:#FFFFFF;">Climate Bonds Standard</span></a><br /><span style="color:#FFFFFF;">2. Email </span><a href="mailto:certification@climatebonds.net"><span style="color:#FFFFFF;">certification@climatebonds.net</span></a><span style="color:#FFFFFF;"> for more information</span></span> </strong></span></div> <p class="rtejustify"><span style="font-family:arial,helvetica,sans-serif;"><span style="text-align: justify; color: rgb(51, 51, 51); text-transform: none; text-indent: 0px; letter-spacing: normal; font-size: 14px; font-style: normal; font-variant: normal; font-weight: 700; text-decoration: none; word-spacing: 0px; display: inline !important; white-space: normal; orphans: 2; float: none; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);">Why develop Criteria for waste management low carbon investments?</span></span></p> <p class="rtejustify"><span style="font-family:arial,helvetica,sans-serif;"><span style="font-size:14px;"><span style="color: rgb(34, 34, 34);">The waste sector has the potential to contribute a 10-15% reduction in global greenhouse gas emissions. Opportunities in prevention, reuse, recycling, and energy recovery can achieve significant mitigation by reducing landfill emissions, reducing emissions linked to resource extraction and production using </span></span><span style="text-align: justify; color: rgb(34, 34, 34); font-size: 14px;">virgin materials</span><span style="font-size:14px;"><span style="color: rgb(34, 34, 34);">, and providing an alternative energy source that substitutes fossil fuels.</span></span></span></p> <p class="rtejustify"><span style="font-family:arial,helvetica,sans-serif;"><span style="text-align: justify; font-size: 14px;">Trends in governmental interventions and business activity indicate that globally, governments and businesses recognise the economic and environmental value of better waste management. To transition to a low-carbon and climate-resilient economy, these stakeholders require significant capital to invest in innovative, effective technologies and infrastructure that transform the waste sector and turn waste into resources.</span></span></p> <p class="rtejustify"><span style="font-family:arial,helvetica,sans-serif;"><span style="text-align: justify; font-size: 14px;">The Climate Bonds Initiative seeks to mobilise the global debt capital market in addressing the huge funding needs of the global waste sector, estimated to be hundreds of billions of dollars. To this end, the Climate Bonds Initiative has assembled a <a href="#Technical Working Group">Waste Management Technical Working Group (TWG)</a> that consists of 19 experts across 16 organisations including universities, NGOs, consultancies, and industry associations. </span></span></p> <p class="rtejustify"><span style="font-family:arial,helvetica,sans-serif;"><span style="text-align: justify; font-size: 14px;">Enabling the transition to a low-carbon and climate-resilient economy will require more than slight improvements to business as usual. With the expertise of the Waste Management TWG, the Climate Bonds Initiative aims to develop mitigation &amp; adaptation criteria for the waste management sector to facilitate ambitious emissions reduction and improvement in climate resilience. These will be aligned with the Paris climate change agreement seeking to limit global average temperature increase to 1.5°C. On top of climate change impacts, the Waste Management TWG will also consider other environmental and social impacts, where they are regarded to be significant.</span></span></p> <p class="rtejustify"><span style="font-family:arial,helvetica,sans-serif;"><span style="text-align: justify; font-size: 14px;">Launched in <a href="https://www.climatebonds.net/resources/press-releases/2017/01/climate-bonds-launches-waste-management-technical-working-group">January 2017</a>, the Waste Management TWG considered the types of waste and the technologies to be in scope and the priorities for criteria development. Waste types that got considered include municipal solid waste, commercial &amp; industrial waste, and construction &amp; demolition waste. Technologies considered include refurbishment and remanufacture, recycling, anaerobic digestion, composting, and energy recovery from waste. Meetings were monthly over 6-12 months. The Waste Management TWG developed mitigation &amp; adaptation criteria for waste management activities and infrastructure, which incorporated feedback from an Industry Working Group (IWG). </span></span></p> <p class="rtejustify"><span style="font-family:arial,helvetica,sans-serif;"><span style="text-align: justify; font-size: 14px;">The new Criteria has now been <a href="https://www.climatebonds.net/2019/12/climate-bonds-launches-green-criteria-waste-management-investment-new-industry-sector-under">launched</a> as at December 11th 2019 and investment is open for certification. There is a differential application in the Critieria of </span></span><span style="color: rgb(51, 51, 51); font-family: arial, helvetica, sans-serif; font-size: 14px; background-color: rgb(255, 255, 255);">Energy from Waste (EfW) inside and outside of the EU. Details are available in both the <a href="https://www.climatebonds.net/resources/press-releases/2019/12/climate-bonds-launches-green-criteria-waste-management-investment">Media Release</a> and <a href="https://www.climatebonds.net/2019/12/climate-bonds-launches-green-criteria-waste-management-investment-new-industry-sector-under">Blog Post</a> of Dec 2019.  </span></p> <p><a id="Technical Working Group" name="Technical Working Group"></a></p> <p style="box-sizing: border-box; margin: 1em 0px; color: rgb(0, 0, 0); font-family: pt_sansregular; font-size: 15.52px; line-height: normal;"><strong style="text-align: justify; font-family: 'trebuchet ms', helvetica, sans-serif; font-size: 14px; line-height: 1.6em;"><strong><span style="box-sizing: border-box; font-size: 14px;"><span style="box-sizing: border-box; font-family: 'trebuchet ms', helvetica, sans-serif;">TECHNICAL WORKING GROUP - Current Members</span></span></strong></strong></p> <table cellpadding="10" style="width:100%" vertical-align="top"><tbody><tr valign="bottom"><td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/jess%20allan.png" style="width: 100px; height: 106px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Adrian%20Barnes_8117%20-%20Copy.png" style="width: 100px; height: 100px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Bernick_Libby.png" style="width: 100px; height: 101px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/P5A7282-e1446546118957.png" style="width: 100px; height: 99px;" /></td> </tr><tr valign="top"><td> <p class="rtecenter"><a href="http://adbioresources.org/"><font face="trebuchet ms, helvetica, sans-serif"><span style="font-size: 12px;"><b>Anaerobic Digestion and <br /> Bioresources Association (ADBA)</b></span></font></a><br /><span style="font-family: 'trebuchet ms', helvetica, sans-serif; font-size: 12px;">Jessica Allan</span><br /><em style="font-family: 'trebuchet ms', helvetica, sans-serif; font-size: 12px;">Environment and Regulation Manager</em></p> </td> <td> <p class="rtecenter"><span style="font-size:12px;"><span style="font-family:trebuchet ms,helvetica,sans-serif;"><a href="http://www.greeninvestmentbank.com/"><b>UK Green Investment Bank (GIB)</b></a><br /> Adrian Barnes<br /><em>Associate – Sustainable Finance</em></span></span></p> </td> <td> <p class="rtecenter"><span style="font-size:12px;"><span style="font-family:trebuchet ms,helvetica,sans-serif;"><a href="https://www.trucost.com/"><b>Trucost</b></a><br /> Libby Bernick<br /><em>Global Head of Corporate Business</em></span></span></p> </td> <td> <p class="rtecenter"><a href="http://www.rwsp.co.uk/"><font face="trebuchet ms, helvetica, sans-serif"><span style="font-size: 12px;"><b>Resource and Waste Solutions</b></span></font></a><br /><span style="font-family: 'trebuchet ms', helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Terry Coleman</span><br /><em style="font-family: 'trebuchet ms', helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Consultant<br /><strong>TWG Lead Specialist</strong></em></p> </td> </tr><tr valign="bottom"><td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Gary%20Crawford.png" style="width: 100px; height: 101px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Brendan_Edgerton.png" style="width: 90px; height: 100px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/SF%20Head%20Shot%20copy.png" style="text-align: center; width: 100px; height: 99px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Sam%20Arnold_1_PHOTO%282%29.jpg" style="text-align: center; width: 95px; height: 105px;" /></td> </tr><tr valign="top"><td> <p class="rtecenter"><span style="font-size:12px;"><span style="font-family:trebuchet ms,helvetica,sans-serif;"><a href="http://www.veolia.com/en"><b>Veolia</b></a><br /> Gary Crawford<br /><em>Vice President of International Affairs</em></span></span></p> </td> <td> <p class="rtecenter"><span style="font-family:trebuchet ms,helvetica,sans-serif;"><span style="font-size:12px;"><strong><a href="http://www.wbcsd.org/">World Business Council for<br /> Sustainable Development</a></strong><br /> Brendan Edgerton<br /><em>Manager, Sustainable Materials</em></span></span></p> </td> <td> <p class="rtecenter"><a href="http://www.lwarb.gov.uk/" style="font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; text-align: center;"><strong>London Waste and Recycling Board</strong></a><br /><span style="font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; text-align: center;">Stuart Ferguson</span><br /><i style="font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; text-align: center;">Head of Investment</i></p> </td> <td> <p class="rtecenter"><a href="http://www.golder.co.uk/en/modules.php?name=Pages&amp;sp_id=1673" style="text-align: center;"><strong><span style="font-size: 12px;"><span style="font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif;">Golder Associates (UK)</span></span></strong></a><br /><span style="text-align: center; font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Samantha Arnold<br /><em>Associate, Senior Atmospheric Scientist</em></span></p> </td> </tr><tr valign="bottom"><td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Dominic-Hogg-300x360.png" style="text-align: center; width: 100px; height: 97px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/resizedimage103160-Chris-hoy.png" style="text-align: center; width: 100px; height: 102px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/keith%20james.png" style="text-align: center; width: 100px; height: 102px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Thom-Koller.png" style="text-align: center; width: 100px; height: 101px;" /></td> </tr><tr valign="top"><td class="rtecenter"> <p><a href="http://www.eunomia.co.uk/" style="text-align: center;"><font face="trebuchet ms, helvetica, sans-serif"><span style="font-size: 12px;"><b>Eunomia</b></span></font></a><br /><span style="text-align: center; font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Dr Dominic Hogg</span><br /><font face="trebuchet ms, helvetica, sans-serif" style="text-align: center;"><span style="font-size: 12px;"><i>Chairman</i></span></font></p> </td> <td class="rtecenter"> <p><a href="http://www.ricardo.com/en-GB/" style="text-align: center;"><font face="trebuchet ms, helvetica, sans-serif"><span style="font-size: 12px;"><b>Ricardo Energy &amp; Environment</b></span></font></a><br /><font style="text-align: center; line-height: 20.8px;"><span style="font-size: 12px; line-height: 19.2px;">Chris Hoy</span></font><br /><em style="text-align: center; font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Waste Management Specialist</em></p> </td> <td class="rtecenter"> <p><a href="http://www.wrap.org.uk/" style="text-align: center;"><font face="trebuchet ms, helvetica, sans-serif"><span style="font-size: 12px;"><b>WRAP</b></span></font></a><br /><span style="text-align: center; font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Keith James</span><br /><em style="text-align: center; line-height: 20.8px;"><span style="font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Special Adviser – Environmental Research</span></em></p> </td> <td> <p class="rtecenter"><a href="http://adbioresources.org/" style="text-align: center;"><font face="trebuchet ms, helvetica, sans-serif"><span style="font-size: 12px;"><b>Anaerobic Digestion and <br /> Bioresources Association (ADBA)</b></span></font></a><br /><span style="text-align: center; font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Thom Koller</span><br /><font face="trebuchet ms, helvetica, sans-serif" style="text-align: center;"><span style="font-size: 12px;"><i>Policy Officer</i></span></font></p> </td> </tr><tr valign="bottom"><td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Picture1.png" style="width: 97px; height: 100px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/SP.jpg" style="width: 100px; height: 101px; text-align: center;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/rich%20murphy.png" style="text-align: center; width: 100px; height: 101px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Photo_Suneel%20Pandey.png" style="text-align: center; width: 100px; height: 105px;" /></td> </tr><tr valign="top"><td class="rtecenter"> <p><a href="http://www.en.cecep.cn/" style="font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; text-align: center;"><b>CECEP</b></a><br /><span style="font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; text-align: center;">Mr. Wenqin Lu</span><br /><em><span style="font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; text-align: center;">Deptuy Director</span></em></p> </td> <td class="rtecenter"> <p><a href="http://www.teriin.org/" style="text-align: center;"><font face="trebuchet ms, helvetica, sans-serif"><span style="font-size: 12px;"><b>The Energy and Resources Institute (TERI)</b></span></font></a><br /><span style="text-align: center; font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Sourabh Manuja</span><br /><em style="text-align: center; font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Associate Fellow,</em><br /><em style="text-align: center; font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Environment and Waste Management Division</em></p> </td> <td class="rtecenter"> <p><a href="https://www.surrey.ac.uk/" style="font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; text-align: center;"><b>University of Surrey</b></a><br /><span style="font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; text-align: center;">Professor Richard Murphy</span><br /><em><span style="font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; text-align: center;">Director, Centre for Environment &amp; Sustainability</span></em></p> </td> <td> <p style="line-height: 20.8px; text-align: center;"><a href="http://www.teriin.org/" style="text-align: center;"><font face="trebuchet ms, helvetica, sans-serif"><span style="font-size: 12px;"><b>The Energy and Resources Institute (TERI)</b></span></font></a><br /><font face="trebuchet ms, helvetica, sans-serif" style="text-align: center;"><span style="font-size: 12px;">Dr Suneel Pandey</span></font><br /><em style="text-align: center; font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; line-height: 20.8px;">Director, </em><em style="text-align: center; font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Environment and Waste Management Division</em></p> </td> </tr><tr><td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/AEA%20portraits%2035%20hires.png" style="text-align: center; width: 100px; height: 110px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/amrita%20sinha.png" style="text-align: center; width: 100px; height: 98px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/carla-tagliaferri.png" style="text-align: center; width: 100px; height: 94px;" /></td> <td class="rtecenter"><img alt="" src="https://www.climatebonds.net/files/images/Bernie%20Thomas.png" style="opacity: 0.9; text-align: center; width: 100px; height: 97px;" /></td> </tr><tr valign="top"><td class="rtecenter"> <p class="rtecenter"><a href="http://www.ricardo.com/en-GB/" style="text-align: center;"><font face="trebuchet ms, helvetica, sans-serif"><span style="font-size: 12px;"><b>Ricardo Energy &amp; Environment</b></span></font></a><br /><span style="text-align: center; font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Dr Adam Read</span><br /><font face="trebuchet ms, helvetica, sans-serif" style="text-align: center; line-height: 20.8px;"><span style="font-size: 12px;"><i>Practice Director – Resource Efficiency &amp; Waste Management</i></span></font></p> </td> <td class="rtecenter"> <p><a href="http://www.c40.org/" style="text-align: center;"><font face="trebuchet ms, helvetica, sans-serif"><span style="font-size: 12px;"><b>C40</b></span></font></a><br /><span style="text-align: center; font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px; line-height: 1.6em;">Amrita Sinha<br /><em>Manager, Solid Waste Network</em></span></p> </td> <td class="rtecenter"> <p><a href="https://www.ucl.ac.uk/" style="text-align: center;"><font face="trebuchet ms, helvetica, sans-serif"><span style="font-size: 12px;"><b>University College London (UCL)</b></span></font></a><br /><span style="text-align: center; line-height: 1.6em; font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px;">Dr Carla Tagliaferri<br /><em>Research Associate</em></span></p> </td> <td> <p class="rtecenter"><b style="text-align: center; font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px;"><a href="http://www.resourcefutures.co.uk/">Resource Futures</a></b><br /><span style="text-align: center; font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif; font-size: 12px;">Bernie Thomas</span><br /><i style="text-align: center; font-size: 12px; font-family: &quot;trebuchet ms&quot;, helvetica, sans-serif;">Principal Consultant</i></p> </td> </tr></tbody></table><p> </p> <p>​<span style="font-family: 'trebuchet ms', helvetica, sans-serif; font-size: 14px; color: rgb(0, 0, 0);"> </span><span style="font-family: 'trebuchet ms', helvetica, sans-serif; font-size: 14px; color: rgb(0, 0, 0);">Biographies of current members of the Technical Working Group are available <a href="https://www.climatebonds.net/standard/waste/technical-working-group">here</a>.</span></p> <p><span style="display: inline !important; float: none; background-color: rgb(255, 255, 255); color: rgb(0, 0, 0); font-family: &quot;trebuchet ms&quot;,helvetica,sans-serif; font-size: 14px; font-style: normal; font-variant: normal; font-weight: 700; letter-spacing: normal; orphans: 2; text-align: justify; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;">INDUSTRY WORKING GROUP - Current Members</span></p> <table border="1" cellpadding="0" cellspacing="0"><tbody><tr><td style="width:340px;"> <p><strong>Name</strong></p> </td> <td style="width:261px;"> <p><strong>Organisation</strong></p> </td> </tr><tr><td style="width:340px;"> <p>Alexandrea Licurse</p> </td> <td style="width:261px;"> <p>Commonwealth Bank</p> </td> </tr><tr><td style="width:340px;"> <p>Andrew McIntyre</p> </td> <td style="width:261px;"> <p>Asian Development Blog</p> </td> </tr><tr><td style="width:340px;"> <p>Atul Sanghal</p> </td> <td style="width:261px;"> <p>Emergent Ventures</p> </td> </tr><tr><td style="width:340px;"> <p>Chindarat Taylor</p> </td> <td style="width:261px;"> <p> </p> </td> </tr><tr><td style="width:340px;"> <p>Damaso Zagaglia, Robert Rosenberg, Janina Lichnofsky</p> </td> <td style="width:261px;"> <p>ISS-ESG</p> </td> </tr><tr><td style="width:340px;"> <p>Desmond Ho, Tan Kim, Joseph Boey, James Leung, Ong Soo San, Tan Chiew Lee,</p> </td> <td style="width:261px;"> <p>National Environment Agency, Singapore</p> </td> </tr><tr><td style="width:340px;"> <p>Douglas Farquhar</p> </td> <td style="width:261px;"> <p>DNV GL</p> </td> </tr><tr><td style="width:340px;"> <p>Emilie Hagen</p> </td> <td style="width:261px;"> <p>Atelier ten</p> </td> </tr><tr><td style="width:340px;"> <p>Fang-yi Xiang</p> </td> <td style="width:261px;"> <p>COAMC</p> </td> </tr><tr><td style="width:340px;"> <p>Grace Sapuay</p> </td> <td style="width:261px;"> <p> </p> </td> </tr><tr><td style="width:340px;"> <p>John Sayer, Xing Lan</p> </td> <td style="width:261px;"> <p>Carbon Care Asia</p> </td> </tr><tr><td style="width:340px;"> <p>John Scanlon</p> </td> <td style="width:261px;"> <p>SITA</p> </td> </tr><tr><td style="width:340px;"> <p>Julien Grimaud</p> </td> <td style="width:261px;"> <p>Veolia</p> </td> </tr><tr><td style="width:340px;"> <p>Larry Grant</p> </td> <td style="width:261px;"> <p>Eden Eco Solutions</p> </td> </tr><tr><td style="width:340px;"> <p>Margaret Bates</p> </td> <td style="width:261px;"> <p> </p> </td> </tr><tr><td style="width:340px;"> <p>Mark Berry</p> </td> <td style="width:261px;"> <p>Norton Rose Fulbright</p> </td> </tr><tr><td style="width:340px;"> <p>Melanie Eddis, Michael Anderson</p> </td> <td style="width:261px;"> <p>ERM CVS</p> </td> </tr><tr><td style="width:340px;"> <p>Michael Van Brunt, Paul Gilman</p> </td> <td style="width:261px;"> <p>Covanta</p> </td> </tr><tr><td style="width:340px;"> <p>Monica Reid</p> </td> <td style="width:261px;"> <p>Kestrel Verifiers</p> </td> </tr><tr><td style="width:340px;"> <p>Myles Cohen</p> </td> <td style="width:261px;"> <p>Earth Link</p> </td> </tr><tr><td style="width:340px;"> <p>Oterdoom Herman</p> </td> <td style="width:261px;"> <p>KPMG</p> </td> </tr><tr><td style="width:340px;"> <p>Pip Best, M.Fisher</p> </td> <td style="width:261px;"> <p>EY Financial Services</p> </td> </tr><tr><td style="width:340px;"> <p>Rainer Winter</p> </td> <td style="width:261px;"> <p>TUV NORD</p> </td> </tr><tr><td style="width:340px;"> <p>Sarah Fee, Charles Gooderham, Duncan Russell</p> </td> <td style="width:261px;"> <p>ERM</p> </td> </tr><tr><td style="width:340px;"> <p>Stacey Mack, Maria (Tina) Sentner</p> </td> <td style="width:261px;"> <p>NSF Certification</p> </td> </tr><tr><td style="width:340px;"> <p>Stan Krpan</p> </td> <td style="width:261px;"> <p>Sustainability Victoria</p> </td> </tr><tr><td style="width:340px;"> <p>Stuart Hayward-Higham, Margaret Andrews</p> </td> <td style="width:261px;"> <p>SITA</p> </td> </tr><tr><td style="width:340px;"> <p>Susan Robinson, Tara J Hemmer</p> </td> <td style="width:261px;"> <p>Waste Management, Inc</p> </td> </tr><tr><td style="width:340px;"> <p>Zhu Hailei</p> </td> <td style="width:261px;"> <p>CQC</p> </td> </tr></tbody></table><p><span style="font-family: 'trebuchet ms', helvetica, sans-serif; font-size: 14px; color: rgb(0, 0, 0);">Disclaimer: </span></p> <p class="rtejustify" style="line-height:90%;margin-top:4pt;margin-bottom:0pt;margin-left:0in;text-indent:0in;direction:ltr;unicode-bidi:embed;word-break:normal"><font face="trebuchet ms, sans-serif">"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”</font></p> <p style="line-height:90%;margin-top:4pt;margin-bottom:0pt;margin-left:0in;text-indent:0in;direction:ltr;unicode-bidi:embed;word-break:normal"> </p> <ul></ul><p></p> <p><span style="font-size: 10.5pt; font-family: Tahoma, sans-serif;">Financial instruments (bonds and loans) linked to these eligible assets, activities and entities will be aligned with the Paris Agreement and the goal of keeping global temperature rises to no more than </span><span style="text-align: justify; box-sizing: border-box; font-size: 14px; font-family: arial, helvetica, sans-serif;">1.5</span><span style="text-align: justify; box-sizing: border-box; font-size: 14px; font-family: arial, helvetica, sans-serif;"><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><span style="font-size: 10.5pt; font-family: Tahoma, sans-serif;">above pre-industrial levels.</span></p> <p> </p> <p></p> </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.&nbsp;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 &amp; 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 menu-block-2 menu-name-main-menu parent-mlid-0 menu-level-1"> <ul class="menu nav"><li class="first leaf menu-mlid-218"><a href="/">Home</a></li> <li class="expanded menu-mlid-689"><a href="/about">About</a><ul class="menu nav"><li class="first leaf menu-mlid-3584"><a href="/about/what-we-do">What We Do</a></li> <li class="leaf menu-mlid-3433"><a href="/about/five-five-manifesto">5 by 5 Manifesto</a></li> <li class="leaf menu-mlid-844"><a href="/about/advisory-panel">Advisory Panel</a></li> <li class="leaf has-children menu-mlid-692"><a href="/get-involved">Get Involved</a></li> <li class="leaf menu-mlid-696"><a href="/about/funders">Our Funders</a></li> <li class="leaf has-children menu-mlid-698"><a href="/about/trustees">Trustees</a></li> <li class="leaf menu-mlid-694"><a href="/contact">Contact</a></li> <li class="leaf has-children menu-mlid-2403"><a href="/about/team">The Team</a></li> <li class="leaf menu-mlid-1117"><a href="/get-involved/donate">Donate</a></li> <li class="leaf menu-mlid-2480"><a href="/jobs">Careers</a></li> <li class="last leaf menu-mlid-1074"><a href="/get-involved/funding-opportunities">Funding Opportunities</a></li> </ul></li> <li class="expanded active-trail menu-mlid-835 active"><a href="https://www.climatebonds.net/standard/the-standard" title="" class="active-trail">Standard</a><ul class="menu nav"><li class="first leaf has-children menu-mlid-2229"><a href="https://www.climatebonds.net/standard/the-standard" title="">The Standard</a></li> <li class="leaf menu-mlid-1185"><a href="/standard/taxonomy">Climate Bonds Taxonomy</a></li> <li class="leaf has-children active-trail menu-mlid-1378 active"><a href="/standard/sector-criteria" class="active-trail">Sector Criteria</a></li> <li class="leaf has-children menu-mlid-1155"><a href="/standard/governance" title="Governance">Governance</a></li> <li class="last leaf menu-mlid-1181"><a href="/standard/faqs" title="FAQs">FAQs</a></li> </ul></li> <li class="expanded menu-mlid-1422"><a href="/certification">Certification</a><ul class="menu nav"><li class="first leaf menu-mlid-3577"><a href="/certification" title="">About Certification</a></li> <li class="leaf has-children menu-mlid-1688"><a href="/certification/get-certified">Get Certified</a></li> <li class="leaf menu-mlid-1727"><a href="https://www.climatebonds.net/certification/certified-bonds" title="">Certified Bonds Database</a></li> <li class="leaf has-children menu-mlid-1178"><a href="https://www.climatebonds.net/certification/approved-verifier" title="">Become an Approved Verifier</a></li> <li class="leaf menu-mlid-3547"><a href="/certification/sector-briefings" title="">Certification Sector Briefings (Brazil)</a></li> <li class="last leaf menu-mlid-1948"><a href="/certification-video-resources">Video Resources</a></li> </ul></li> <li class="collapsed menu-mlid-3627"><a href="https://www.climatebonds.net/climate-finance-solutions" title="">Climate Finance Solutions</a></li> <li class="expanded menu-mlid-1040"><a href="/market-intelligence">Markets</a><ul class="menu nav"><li class="first leaf has-children menu-mlid-1388"><a href="/market/country" title="">Countries</a></li> <li class="leaf menu-mlid-2402"><a href="https://www.climatebonds.net/market/data/" title="">Interactive Data Platform</a></li> <li class="leaf menu-mlid-2563"><a href="/market/social-sustainability-bond-database-methodology">Social &amp; 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