Climate Bonds Scientific Framework
September 2015 – January 2016
The Climate Bond Initiative is an international, investor-focused non-profit organization, focusing on mobilizing bonds earmarked for climate change solutions (‘green bonds’). A central element in CBI’s strategy is to ensure that eligible project categories certified under the Climate Bond Standards truly represent mitigation actions that current climate science finds most relevant in order to keep global warming below 2° C above preindustrial temperatures.
The Climate Science Framework project establishes a scientifically robust and transparent link between the latest climate-economic science data and CBI’s project universe (its “Taxonomy”). The Framework is based on a joint research effort between Climate Analytics (lead research) and the Potsdam Institute for Climate Impact Research (PIK)..
The scope of work is based on analyzing the existing body of research and data on emission pathways and related technology alternatives and mitigation impacts, behind e.g. the IPCC’s 5th assessment report.