Mobilising capital markets is crucial for building resilience in an age of increasing climate volatility. Global financing needs for climate resilience are immense, while existing financing flows and instruments fall far short of what is needed.
Cadlas is therefore delighted to be working with the Climate Bonds Initiative (CBI) on the development of a Resilience Taxonomy that will start to set out definitions and criteria to help investment flow towards activities and entities that contribute towards building climate resilience.
More details are provided here on the CBI Blog.