The Policy & Practice of Climate Change & Water

Global Water Forum Article | "Financing sustainable growth through climate bonds"

Representatives of AGWA and WRI have written an article published by Global Water Forum on "Financing sustainable growth through climate bonds." In this short essay, the authors demonstrate the integral role of finance as a tool for addressing climate change — including specific messages for the water management community. The essay highlights the work being led by Climate Bonds Initiative to standardize green and climate bonds for adaptation, mitigation, and resilience. A specific set of criteria for evaluating water infrastructure projects, which includes resilient nature-based solutions, has been growing in use. So far, more than 8 billion USD for climate-resilient water infrastructure from private sector investors, across six continents, over the past three years.