EY becomes a Climate Bonds Partner

Ernst & Young (EY) has today become a Climate Bonds Partner. The Climate Bonds Initiative is an investor-focused not-for-profit, promoting large-scale investment in the low-carbon economy. For more information please visit www.climatebonds.net.

Dr Matthew Bell, Oceania Leader, Climate Change and Sustainability Services at Ernst & Young: “EY recognises that capital markets investment will be essential to finance the green growth we need to avert catastrophic climate change. We need to see the development of transparent, repeatable, and verifiable mechanisms to support the market, and to support confidence in green outcomes. The Climate Bonds Standards and Certification scheme is one of these.”

“EY’s own purpose, to Build a Better Working World, underlines how we work and partner with other organisations. We will be working with the Climate Bonds Initiative to mobilize capital markets for climate change solutions.”

Climate Bonds CEO Sean Kidney: “EY has been a leader in a wide range of climate, carbon and sustainability initiatives.”

“They have already joined us as an Approved Verifier for the Climate Bonds Standards, the internationally recognised screening and certification process for Green Bonds.  In addition, EY have been actively contributing to the development of Version 2.0 of the Standard as part of our Assurance Roundtable.”

“We’re now very excited to have the opportunity to deepen that relationship and work more broadly with them to build a robust international green bond market.”