between business, nature and society needs to be rebalanced. Over the course of the next decade, businesses will need to evolve, establishing new operating models that strengthen the resilience of people

generated outside of the production system that enable mitigation or climate adaptation and resilience on production systems can include a variety of capital and operating expenditure associated with the

societies on stable electricity provision makes grid resilience essential. Investment need Annual spending of USD 820 billion on electrical grids will be needed by 2030 to reach net zero by 2050. However

used to deliver climate change solutions. This may be through climate mitigation impact and/ or climate adaptation or resilience. The CBS is made up of two parts: the parent standard (Climate Bonds

........................................................................................................... 68 4. Need for more investment in climate change mitigation, adaptation and resilience

Benchmarks Climate Change Adaption Resilience Resilience benefit, Investment (Capex, R&D) 9, 13 Climate Change Adaptation Public sector funding in developed countries or financing from international

solutions. This may be through climate mitigation impact and/ or climate adaptation or resilience impact. The CBS is made up of two parts: the parent standard (Climate Bonds Standard v2.1) and a suite of

line with limiting global warming in line with the goals of the Paris Agreement and support the climate resilience of the asset. The Hydropower Criteria specifically then screen projects to 1) test their

Issuer’s Adaptation & Resilience performance in respect of a waste management facility Box 1: Step by Step Approach to assessing the qualifying carbon intensity of Energy from Waste Waste Management Criteria

.................................................................................................... 12 4.2. Mitigation Component ...................................................................................................................... 17 4.3. Adaptation & Resilience Component