example is climate change risk and opportunity. The Ceres-led Carbon Asset Risk Initiative is posing tough questions to fossil fuel–based energy majors about their risk scenarios, and plans to devote new
) Covered under section 4.1.5 Not Covered 3. Color your activities Categorize the activities, see if they are in line with green / amber criteria defined in the Taxonomy. Fossil fuel-based activities can
crucial to ensure this infrastructure is not supporting continued fossil fuel electricity generation. At the same time, this infrastructure is vital for the decarbonisation of other sectors. For industrial
as a generation technology as a well as a form of solid, liquid or gaseous fuel. By replacing fossil fuels, the use of biomass/biofuel can reduce GHG emissions in the power, heat and transport sectors
emissions (e.g., fossil methane and biogenic methane), with methane emissions from the energy sector reduced by 64% by 2030 from 2020 levels to be consistent with 1.5°C aligned pathways. Establish absolute
landfill, avoid emissions linked to resource extraction and production using virgin materials, and offer an alternative energy source to fossil fuels. Accounting the whole lifecycle, incorporating the
emissions as green, as long as the vehicles are not used to transport fossil fuels. Heavy-duty vehicles that have specific CO2 emissions of less than half of the reference CO2 emissions of all vehicles in the
green asset for the ASEAN region, and shall not be used for fossil fuel power generation projects The ICMA’s Green Bond Principles (GBP) are voluntary process guidelines that recommend transparency and
flaring Early fossil fuel plant closure Upgrading gas networks for green hydrogen e.g. For Electrical utility: Financing credible transitions Climate Bonds Initiative 2020 3 Who should use the transition
green asset class for the ASEAN region, the Issuer or issuance of the green bond must have a geographical or economic connection to the region. • Ineligible Projects Fossil fuel power generation projects