The Policy & Practice of Climate Change & Water

Water Criteria on Nature-based and Hybrid Water Infrastructure: Consultation and Webinars

On behalf of the Water Consortium, the Climate Bonds Initiative has released Water Criteria Phase 2: Nature-based and hybrid water infrastructure for public consultation.

The Water Criteria are a key component of the science-based Climate Bonds Standard and Certification Scheme - a screening tool for investors, development banks and governments, which allows them to easily prioritize climate and green bonds with confidence that the funds are being used to deliver climate change solutions. A 60-day public consultation period for the Phase 2 Criteria opens on 16 October.

Two webinars about the new Water Criteria have been announced: 25 October and 20 November. Details are below.

When: 25 October from 15:00-16:00 BST; 20 November from 16:00-17:00 GMT
Where: Webinars (online)
How to Register: Click here to register for either event

Water Criteria Phase 2
Water Criteria Phase 2 has a focus on nature-based and hybrid water infrastructure such as wetlands and watersheds including for purposes as water collection, storage, treatment and distribution, flood protection and drought resilience.

The Phase 2 Criteria aims to:
I. Certify water infrastructure that are compatible with a 2°C trajectory
II. Ensure these assets and the surrounding ecosystem are adaptive and resilient to a changing climate.

You can find more details and Criteria documentation on CBI's Water Page. Please send all comments to Lily Dai (link sends e-mail) Senior Research Analyst

Water Consortium Presenters will be:
  • Anna Creed – Head of Standards Climate Bonds Initiative
  • Dr John Mathews – Alliance for Global Water Adaptation (AGWA)
  • Additional Consortium Presenter (TBC)

These webinars will cover:
  • Introduction to Phase 2
  • Development Process
  • Q&A

These sessions will be recorded and sent out to all those who have registered.

Water Criteria Consortium and Criteria Development
Partner organisations in the Water Consortium are Climate Bonds Initiative, Ceres (link is external), World Resources Institute, CDP and the Alliance for Global Water Adaptation (AGWA) which is supported by Stockholm International Water Institute (SIWI).

Criteria development is supported by the Consortium together with a Technical Working Group (TWG) that is led by Lead Specialist Dr John Mathews and includes additional water expertise through representation from other NGO’s, industry experts and water authorities. An Industry Working Group (IWG) also provides support by reviewing and assessing the criteria development.

A list of TWG and IWG members can be found here.