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

  • 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.

  • Let’s keep fossil fuels out of green investments!

    Last June, the European Commission Technical Expert Group (TEG) published the first draft of the Taxonomy Technical Report, a classification of economic activities that could be claimed as environmentally sustainable. Even though in includes ambitious criteria for certain activities, we have serious concerns about the presence of dirty fossil fuels and the lack of fundamental sustainability requirements for other proposed activities.

  • How we can shape the future of environmental finance

    On 18 June, the European Commission released a number of documents which will shape the future of sustainable finance in the European Union. Two of them are of particular importance for our work, as they will heavily feed into the development of ISO standards.

Contact person

Mathilde Crêpy
Programme Manager

ECOS is co-funded by the European Commission and EFTA

Website by