Finding climate-aligned activities, assets, and measures has just become significantly easier. Users can now search climate criteria through a single interactive platform, making science-based guidance faster, clearer and more practical than ever before.

Climate Bonds pioneered the concept of a climate finance taxonomy in 2013. More than a decade later, its science-based framework is used worldwide by investors, financial institutions, issuers, corporates and governments to identify activities aligned with the transition to a low-carbon, climate-resilient economy.

Today, Climate Bonds unveiled the most significant update to its Taxonomy in years, expanding new sectors, incorporating selected resilience-related investments and an interactive platform that transforms how investors, issuers, corporates and governments explore climate-aligned opportunities.

What’s new in the Climate Bonds Taxonomy?

The updated Taxonomy includes expanded mitigation coverage across key transition sectors, including cement, steel, chemicals and agriculture.

It also introduces new areas of coverage, including methane abatement measures for existing oil and gas assets, aviation and alternative proteins.

For the first time, selected resilience-related investments have been incorporated into the Taxonomy, allowing users to explore both mitigation and Adaptation & Resilience opportunities within a single framework.

The update also marks the first incorporation of selected criteria drawn from credible local taxonomies, strengthening alignment with international frameworks and supporting greater interoperability across markets.

From activities to assets and measures

The Climate Bonds Taxonomy recognises that climate-aligned investment can be assessed at different levels.

Users can now move from question to answer in seconds, filtering activities by sector, sub-sector and climate theme, identify activities that may be eligible for green finance and see which activities can currently be Certified under the Climate Bonds Standard and Certification Scheme.

An eligible activity refers to the economic activity being undertaken. An eligible asset is the physical asset being financed, while an eligible measure refers to a specific intervention that contributes to climate mitigation or resilience.

This approach provides greater flexibility for investors, issuers, corporates and policymakers seeking to identify climate-aligned opportunities across different parts of the economy.

A new way to explore climate criteria

Alongside the Taxonomy update, Climate Bonds has launched a new interactive platform that enables users to search, filter and navigate climate criteria more easily.

The platform brings together information that was previously spread across multiple documents and datasets, creating a single location where users can explore mitigation and resilience criteria side by side.

For investors, banks and issuers, this provides a more practical way to assess climate-aligned investments and understand the criteria that apply to them. For governments and institutions developing taxonomies, it offers greater visibility of how climate criteria are evolving internationally and where alignment is emerging across markets.

Looking ahead

As sustainable finance markets continue to evolve, the Climate Bonds Taxonomy is evolving with them – bringing together science, market practice and practical usability in one place.

The launch of the updated Taxonomy and interactive platform is part of a broader programme of work to expand and strengthen climate taxonomy guidance globally.

Future development will focus on incorporating additional screened, science-based criteria from credible local taxonomies, positioning the Climate Bonds Taxonomy as a comprehensive resource for evaluating climate action and investment while recognising local market circumstances.

Explore the Climate Bonds Taxonomy

Climate Bonds