The new Waste Management Criteria of the Climate Bonds Standard has been formally launched today, marking a major turning point in best practice for low carbon and climate resilient investment in waste management industries.

Developed for potential green bond issuers and investors, the new Waste Management Criteria defines and evaluates low carbon and climate resilient waste management projects by encompassing two broad components:
Climate mitigation
Climate adaptation and resilience

Preventing or reducing the generation of waste is at the top of the waste hierarchy because it offers the largest environmental benefits through reducing the extraction, refining and processing of raw materials in addition to not producing waste and therefore no greenhouse gas emissions associated with waste management.