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

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

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

adoption and utilization of low-emission energy sources, the development of new products and services, and building resilience along the supply chain. Climate-related opportunities will vary depending on the

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

secure or satisfy the obligations incurred incidental to or resulted from derivatives transaction for the account of a customer, it shall, in compliance with the rules specified in the notification of the

CDP is a global environmental impact non-profit working to secure a thriving economy that works for people and planet. 11 ABOUT CDP CDP CAPITAL MARKETS | @CDP CDP runs the global disclosure system that

challenges to secure long- term financing as the world transitions away from such business activities Transition Cost-Cost increase in transitioning business to low-carbon will be high as the company will have

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