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CLIMATE BONDS INITIATIVE

Registered charity 1154413 · accounts filings on the Charity Commission register

CBI is an international not-for-profit which promotes the development of climate bonds. It aims to raise awareness about the existence and benefits of climate bonds and promote investments in them; proposes standards that establish what a green bond is, helping identify and label green bonds so that they may be recognized as such

Causes: Environment/conservation/heritage · website · Get email alerts

Latest income
£9.5m
Latest spending
£10.2m
Registered
2013
Accounts read
FY2024

Financial health, per its FY2024 accounts

The accounts state that the charity incurred a net loss of £730,539 for the year ended 31 December 2024, resulting in unrestricted reserves falling to £917,029 from £1,526,916 the previous year. The trustees report that while reserves were above the minimum target of £600,000, they were considered too low given the organization's growth, and a target of £1.5m has been set for the end of 2025. Per the independent auditor's report, no material uncertainties were identified regarding the charity's ability to continue as a going concern.

Automated summary of the FY2024 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Largest income source: Charitable activities (50% of income)
“Projects, advocacy and guidance 4,905,120 4,595,026 9,500,146 8,667,710” — page 32
Per its FY2024 accounts as filed with the Charity Commission.
Related-party transaction: In 2023, Climate Bonds Initiative was invoiced £211,494 for services provided by ODI, a company of which Dr Rathin Roy, a Trustee, is a Managing Director. No amount is outstanding as at 31 December 2023.
“In 2023, Climate Bonds Initiative was invoiced £211,494 for services provided by ODI, a company of which Dr Rathin Roy, a Trustee, is a Managing Director. No amount is outstanding as at 31 December 2023.”
Per its FY2024 accounts as filed with the Charity Commission.

Accounts audited by PKF Littlejohn LLP. Discloses 3 of 6 completeness components.

In the news

Recent coverage mentioning this charity by name (automated match; headlines belong to their publishers).

Leadership, per the charity’s website

Listed on the charity’s own website when we last crawled it; roles may have changed. Pay-band disclosures above are anonymous statutory disclosures and are not attributed to any named individual.

Public profiles (found on the charity’s own website): facebook · instagram

Structured financials (annual return, FY ending 31/12/2024)

Total income
£9.5m
Total spending
£10.2m
Reserves (reported)
£917k
Employees
57

Reported reserves equal ~1.1 months of spending — in the bottom quarter for charities its size (median 4.8 months; benchmarks).

Per its annual return, largest income source: Charitable activities (100% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (5.2%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Australia · Belgium · Brazil · Canada · Chile · China · Colombia · Cyprus · France · Greece · India · Italy

Income and spending

Financial year endIncomeSpending
31/12/2024£9.5m£10.2m
31/12/2023£8.8m£9.4m
31/12/2022£6.8m£6.3m
31/12/2021£6.5m£5.1m
31/12/2020£3.6m£3.2m

Common questions

Is CLIMATE BONDS INITIATIVE financially healthy?

Per its FY2024 accounts: The accounts state that the charity incurred a net loss of £730,539 for the year ended 31 December 2024, resulting in unrestricted reserves falling to £917,029 from £1,526,916 the previous year. The trustees report that while reserves were above the minimum target of £600,000, they were considered too low given the organization's growth, and a target of £1.5m has been set for the end of 2025. Per the independent auditor's report, no material uncertainties were identified regarding the charity's ability to continue as a going concern. Its FY2024 accounts were audited by PKF Littlejohn LLP.

Who funds CLIMATE BONDS INITIATIVE?

Funders whose own accounts filings name CLIMATE BONDS INITIATIVE as a grant recipient include THE ORR MACKINTOSH FOUNDATION LIMITED, THE FREDERICK MULDER FOUNDATION.

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
THE ORR MACKINTOSH FOUNDATION LIMITEDFY2024£10k
THE FREDERICK MULDER FOUNDATIONFY2023£10k
THE FREDERICK MULDER FOUNDATIONFY2022£8k

Funders of similar charities

Funders whose accounts show grants to charities similar to this one (and no recorded grant to this charity) — a starting list for fundraisers.

FunderSimilar charities fundedAmount to them
THE ERANDA ROTHSCHILD FOUNDATION1£1.5m
CLEAN AIR FUND1£111k

Charities like this

Semantically similar by activities and financial character, from our analysed corpus. Compare with THE CHARTERED INSTITUTION OF BUILDING SERVICES ENGINEERS.

Side by side with its peers

CharityIncomeTop pay bandStaff >£60kReserves vs policyFundraising costGoing concern
CLIMATE BONDS INITIATIVE£9.5m——unclear—no doubt
THE CHARTERED INSTITUTION OF BUILDING SERVICES ENGINEERS FY2025£11.1m——unclear—no doubt
THE CHARTERED INSTITUTE FOR SECURITIES AND INVESTMENT FY2025£20.4m£365,578—below—no doubt
SCIENCE BASED TARGETS INITIATIVE FY2024£22.2m—0unclear—no doubt
BRITISH OVERSEAS NGOS FOR DEVELOPMENT (BOND) FY2025£3.6m——unclear—no doubt
CARIBBEAN BIODIVERSITY FUND FY2025£14.1munclear0unclear—no doubt

Each row is that charity’s latest analysed filing; every value is quote-backed on its own page.