Global services firm EY has become a Climate Bonds Partner.
It is part of the Climate Bonds Initiative which is an investor-focused not-for-profit scheme promoting large-scale investment in the low carbon economy.
Climate Bonds Partners assist in developing initiatives which help increase investment and help tackle climate change.
Matthew Bell, Oceania Leader, Climate Change and Sustainability Services at EY, said: “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.”
Climate Bonds CEO Sean Kidney added: “EY has been a leader in a wide range of climate, carbon and sustainability initiatives.
“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.”