Norwegian engineering consultancy firm Multiconsult has been approved as an independent verifier of green bonds under the Climate Bonds Standard.

Norwegian engineering consultancy firm Multiconsult has been approved as an independent verifier of green bonds under the Climate Bonds Standard.

Multiconsult joins 28 other organizations as a verifier of climate and green bonds, approved by the Climate Bonds Initiative. The Climate Bonds Standards has been developed to provide a tool for credible verification of green bonds that is recognized by investors.

This approval allows Multiconsult to verify green bonds prior to issuance, as an independent external third party, under the Climate Bonds Standard. Multiconsult can offer to verify green bonds focused on investments in hydropower, solar, wind power and biomass; off-grids, mini-grids and grid-connected solutions up to 600 kV; and also battery storage, energy-efficient buildings as well as electric transportation.