Climate Bonds verification services
DNV’s independent Climate Bonds verification helps issuers align with the Climate Bonds Standard, avoid greenwashing risks, and build investor trust and market credibility.
Climate Bonds verification services
Challenges in Climate Bonds verification for sustainable finance
As climate finance accelerates globally, issuers and investors are increasingly looking to green bonds as a key vehicle for funding climate-aligned projects. However, scrutiny is growing around how “green” these financial instruments truly are.
To build trust and ensure market credibility, independent verification aligned with the Climate Bonds Standard (CBS) is essential. Recognized by investors, regulators, and market platforms, verification helps avoid the reputational and financial risks of greenwashing.
How our Climate Bonds verification services support you
DNV provides third-party verification for issuers seeking to certify green bonds, loans, and other debt instruments under the Climate Bonds Initiative (CBI) Climate Bonds Standard. As an approved verifier by the Climate Bonds Initiative and an ICMA-listed external reviewer, we assess the alignment of your bond with sector-specific eligibility criteria and the overarching requirements of the Climate Bonds Standard.
Our service includes:
- Pre-issuance verification.
- Post-issuance verification.
- Ongoing reporting and periodic reviews.
- Assurance against the Climate Bonds Standard’s Taxonomy and Sector Criteria.
We also help navigate the evolving sustainable finance landscape, ensuring compliance with voluntary guidelines, such as the ICMA Green Bond Principles, and aligning with market expectations.
Trusted experts in sustainable finance
With decades of technical and assurance expertise, DNV supports issuers in demonstrating environmental integrity and meeting market standards. Our globally recognized methodologies and rigorous assessments ensure your green bond stands up to regulatory, stakeholder, and investor expectations.
We are trusted by financial institutions, governments, and corporate issuers alike - and are one of the select few globally approved verifiers under the CBI framework.
Benefits of our Climate Bonds verification services
- Independent assurance aligned with international best practices.
- Increased investor confidence and credibility in green debt instruments.
- Reduced risk of greenwashing and reputational damage.
- Alignment with ICMA Green Bond Principles and EU Taxonomy expectations.
- Support with ongoing reporting and compliance.
Customer success stories
Discover how leading issuers and financial institutions partner with DNV to create credible, market-trusted green financing frameworks.
DNV supports Danske Bank’s broadened strategy for financing the green transition
Danske Bank, with DNV’s support, has launched its new approach for financing the transition, designed to drive credible, large-scale decarbonization across its most pertinent hard-to-abate sectors.
DNV's role in advancing green finance through Thailand’s Provincial Electricity Authority’s (PEA) inaugural sustainability bond
DNV delivered external assurance for PEA's first sustainability bond, supporting Thailand's efforts toward carbon neutrality and green finance innovation.
