Climate Change & Clean Energy

Climate adaptation & Climate finance

Meeting the Paris Agreement will require a major shift in financial investments away from fossil fuels towards mitigation and climate resilience. The combination of an increasing volume and demand in sustainable investments on the one hand, and a lack of harmonised criteria to characterise these investments on the other, led ISO to initiate the development of a series of international standards on environmental finance. Addressed primarily at financial institutions and institutional investors, these standards could make a substantial contribution to the implementation of the Paris Agreement and the UN 2030 Agenda for Sustainable Development.

What we are working on

  • developing international standards on green bonds, including climate-related performance of nominated projects and assets as well disclosure requirements, within ISO/TC 207/Sub-Committee (SC) 4 “Environmental performance evaluation”;
  • ISO/TC 207/SC 7 “Greenhouse gas management and related activities”, where the standards will help define, assess, manage and disclose the contribution of investments and financing activities to the achievement of long-term climate goals, in relation to both mitigation and adaptation;
  • criteria to characterise green projects and help monitor their contribution to climate-related objectives within ISO/TC 207/WG 11 “Green Finance”;
  • developing standards laying down principles for sustainable investments, including environmental and social aspects within ISO/TC 322 “Sustainable Finance”.

 

Related news

  • Press Release: Delivering the Green Deal with a transformative circular economy

    If Europe is serious about becoming the first climate neutral continent by 2050, circular economy needs to be at the forefront of the European Green Deal. For this, Europe must implement an ecodesign approach for sectors with the highest environmental impact, stressed ECOS, the environmental NGO expert in ecodesign and product policy.

  • Circular Economy, number one priority of the European Green Deal

    On 11 December, the European Commission will release its Green Deal, and according to high level officials, circular economy is set to be the number one priority for Europe. This is a move ECOS fully supports, as detailed in our priority checklist published today.

  • ECOS signs call for a science-based EU sustainable taxonomy

    Together with over 50 NGOs ECOS signed a statement with ten priority issues on the EU "taxonomy" for sustainable investments launched by WWF today. The upcoming taxonomy aims to show which economic activities are sustainable to help guide investors and prevent greenwashing.

Contact person

Mathilde Crêpy
Programme Manager mathilde.crepy@ecostandard.org

ECOS is co-funded by the European Commission and EFTA

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