Climate Bonds is updating the Water Infrastructure Criteria to include mandatory climate vulnerability assessments, enhanced adaptation and resilience measures, safeguards against maladaptation, and alignment with mitigation objectives, with a focus on addressing methane emissions in wastewater treatment. The organization is seeking feedback on the updated criteria for Certified water infrastructure bonds to increase investor confidence and support resilient water infrastructure as a climate solution. Over 60 Certified water infrastructure bonds have been issued since 2016, totaling over USD 8 billion in certified issuance. The public consultation process is open from March 13 to April 8, 2026, inviting input from investors, issuers, policymakers, and technical experts to ensure the criteria are robust and aligned with evolving climate risks, aiming to support investments that can withstand future hydrological shifts and protect communities and ecosystems.