[Blog] Tom Baumann, Chair ISO GHG management standards c’ttee, joins Climate Bonds Standards Industry Working Group

Tom Baumann Chairs ISO TC207 SC7, the  International Organization for Standardization’s  committee developing climate change related standards. 75 countries and key liaison organizations are represented on the committee, including UNFCCC, CDP, WRI, ICLEI and many others.

The Climate Bonds Industry Working Group reviews the practicality of proposed eligibility criteria, looks at reporting and verification mechanisms, and operation of certification.

Tom has 15 years experience in standardization programs for climate change and green technologies, including standards development, verification, and accreditation.

ISO’s TC207 SC7 has published a series of standards used by nearly 40 countries around the world. These countries represent approximately one-third of the UNFCCC countries, as well as the majority of global GHG emissions.

Tom said:

“I look forward to helping develop credible standards for Climate Bonds, which are a solution with enormous potential for low carbon, sustainable economic development.“

The International Organization for Standardization (ISO) was established in 1947 and has members from 165 countries. ISO has over 3,300 technical bodies and published over 19,500 standards, with many committees developing standards related to environment, sustainability, green technologies, energy, etc. ISO’s climate change standards committee strategic plan outlines the priorities and work programme for the road ahead (click to access).

The Climate Bonds Initiative is working to mobilize the $100 trillion debt capital market for climate solutions.

The Climate Bonds Standard is an investor-led programme to develop clear and robust standards for the climate and green bond market and an accompanying certification scheme. Some 80 organizations are involved. Certification makes it easier and simpler for fund managers to choose green.

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