What it is
The Climate Bonds Initiative (CBI) maintains the definitive database of certified climate bonds and green bonds worldwide. The database tracks issuances, certifications, and market data for a cumulative market that now exceeds $5.7 trillion. CBI also develops the Climate Bonds Standard, the leading certification for green debt instruments.
Why we picked this
If you want to invest in green bonds or understand the green debt market, CBI is where you start. Their certification standard is the most rigorous in the market, and the database provides the transparency needed to distinguish genuine green bonds from greenwashed ones.
Key takeaways
- The cumulative green bond market has exceeded $5.7 trillion, making it one of the fastest-growing segments of global fixed income.
- CBI certification requires independent verification that bond proceeds finance projects aligned with Paris Agreement goals.
- Global carbon pricing now generates $104 billion in annual revenues across 75 instruments covering 28% of global emissions, driving demand for green fixed income.