Green Bond Services
Second Party Opinions
We verify bonds for conformance with the Green Bond Principles and the United Nations Sustainable Development Goals. This involves examining public and non-public information, and interviewing members of your management and finance teams. Our goal is to understand the green project and how you plan to manage and report on the use of bond proceeds. We prepare a Second Party Opinion that can be included with the Official Statement. See a list of our clients.
Climate Bond Verifications
Kestrel is an Approved Verifier for Certified Climate Bonds. We assess how your green bond meets standards and criteria set by the Climate Bonds Initiative. The Climate Bonds Standard is used globally by bond issuers, governments, investors and the financial markets to prioritize investments which genuinely contribute to addressing climate change. We prepare a Verifier’s Report, a Climate Bonds information form and liaison with the Climate Bonds Initiative to get your bonds certified.
Green Bonds Reporting
We prepare post-issuance reports on the use of bond proceeds. We provide reporting on the environmental benefits of your financed activities, also known as impact reporting.
