[DEAL] 🍃🚇 Île-de-France Mobilités issued their inaugural European Green Bond this week, making them the first ever public sector issuer of a European Green Bond. This historic transaction underscores Île-de-France Mobilités' position as a pioneer in the #sustainable bond market. On Tuesday January 28th, Île-de-France Mobilités successfully issued a EUR 1bn 20-year EuGB transaction at OAT+19bps. This is the tightest pricing ever achieved versus the OAT curve as well as the largest tightening from guidance (6bps); a true testimony to their loyal and diversified investor base. ℹ️ The European Green Bond (EuGB) Regulation aims to set a clear and voluntary standard for green bonds, relying on the detailed criteria of the EU taxonomy to define green economic activities. It ensures levels of transparency in line with market best practice and establishes external supervision. The issuance of this European Green Bond marks another milestone in Île-de-France Mobilités' green financing journey, reaffirming its commitment to high-quality sustainable financing. An amount equivalent to the proceeds from the European Green Bond will be allocated to projects that advance the development of low-carbon public transport in the Île-de-France region, through projects aligned with the European Taxonomy. 🤝 We are proud to have supported Île-de-France Mobilités as Green Co-Structuring Agent and Joint Lead Manager, cementing our leadership and pioneering role in the green bonds arena. This mandate highlights our long partnership, extending our Green Structuring Bank mandates on their Green Bond Framework in 2021 and its updated Green Financing Framework in 2024, and we thank Île-de-France Mobilités for their continued trust. #SustainableFinance #GreenBonds
Crédit Agricole CIB’s Post
More Relevant Posts
-
🌿 EU Leads Green Finance Revolution with NextGenerationEU Bonds The EU has issued over €65 billion in NextGenerationEU Green Bonds, advancing towards its goal of financing 30% of NGEU through green initiatives. These bonds will fund €264.6 billion in green investments across sectors like clean energy and transport, cutting emissions by 55 million tons annually. With transparency ensured via the Green Bond Dashboard, the EU solidifies its role as a sustainable finance leader. 🌟 In today’s ever-changing global landscape, there’s no better time to start your sustainability journey. Take the first step towards securing your business’s future. 🌱 Call us now for expert guidance to thrive in the net-zero economy! #sustainability #carbonreduction #netzero #ecosourcinghub Read more here: https://lnkd.in/e6W-V4EV
To view or add a comment, sign in
-
The European Green Bond label is coming – read an inspiring blog about this new regulation from my brilliant colleagues Tero Tuomisto, Valter Olkkonen and Lia Heasman. https://lnkd.in/d3YxWNmv #sustainable finance #green bonds #EuGB
To view or add a comment, sign in
-
https://lnkd.in/dEM5Awef <<At TISE we have a sustainable finance segment, TISE Sustainable. Green, sustainable and sustainability-linked bonds, as well as sustainable issuers and ESG-rated companies, are admitted to the segment, which also caters for transition bonds and issuers, humanitarian catastrophe bonds, blue bonds and green funds. A buoyant rate of admissions to the segment in 2021 slowed during 2022 and into last year, mirroring conditions in the broader debt capital markets. The single admission to TISE Sustainable in the first half of 2023 was a sustainability-linked bond from Latin American telecoms brand, Liberty Costa Rica. >> #TISE #sustainable #bonds #humanitarian #green #funds #CostaRica #bluebonds #capital #markets #debt #LatinAmerican #brand
To view or add a comment, sign in
-
The Confederation of British Industry (CBI) has warned the new government that the UK economy cannot be separated from net-zero. The business group stated that the next government can't be pro-growth and deliver for people and communities without being pro-green. A report published by the CBI entitled 'Going for Green' revealed that the next government could add as much as £57 billion to the UK economy from green growth by 2030. It outlined five steps to 'recharge' the economy, including: - Making net-zero part of a revitalised pitch for 'brand Britain' - Creating an Office for Net-Zero - Generating a Net-Zero Investment Plan - Making use of transformational technology -Backing rapid grid growth. Rain Newton-Smith, Director General of the CBI, said: 'With input and knowhow from every sector, we feed into government how it can fine-tune our economic performance, supercharge our strengths and help the UK get ahead of the competition and win in the race for green growth.' #accounting #accountancy #accountingservices #accountingandfinance #goinggreen #UK #CBI #TeamSwenta
To view or add a comment, sign in
-
-
📢 NGEU Green Bonds are expected to enable €264.6 billion of green investments in the nine sectors set out in the NGEU Green Bond Framework, including clean transport, clean energy and energy efficiency, confirming the EU's leading role in sustainable finance. The full implementation in the coming years of all measures that can be funded by NGEU Green Bonds will provide a significant contribution to the EU's green transition, reducing GHG emissions by an estimated 55 million tons per year within the Union. This is 1.5% of all GHG emissions in the EU and equivalent to the combined emissions of 15 million EU households or to replacing 38 million of the EU's 250 million internal combustion cars with electric vehicles.
To view or add a comment, sign in
-
Here is my contribution to #greenbonds for the latest FINSIA #infinance news article. UQ Business School Green bonds are a part of sustainable finance, and justifiably are receiving much attention, and will continue to do so. The article if you wish to have a read is below: https://lnkd.in/grZV86gE
To view or add a comment, sign in
-
The UK government has launched a green paper outlining its plans for its industrial strategy "aligned with" net zero to be published in spring 2025. The government also confirmed the total capitalisation for its National Wealth Fund, a public finance mechanism intended to provide catalytic finance for the UK’s transition to net zero. "Seizing the green growth opportunities of the future requires a strategic role for the state, actively shaping markets and working in partnership with businesses", says George Dibb at the IPPR. #nationalwealthfund #indutrialstrategy #UKnetzero https://lnkd.in/etRHqqvP
To view or add a comment, sign in
-
The financing of sustainability is tricky. The EU is trying hard to find the fine line balance on green bonds between high green standards and the reality of execution cost / participation. It’s the same issue in sustainable CRE, extended producer responsibility, and more. How far can the standards and frameworks push, without loosing stakeholders.
To view or add a comment, sign in
-
Scotland’s financial services industry is poised to lead in green and sustainable finance. Following the recent publication of the Scottish Taskforce for Green and Sustainable Financial Services' final report, Edinburgh (#19 from #24) and Glasgow’s (#36 from #44) rankings have both improved in the Z/Yen Group Limited Global Green Finance Index of 97 financial centres, underlining Scotland's reputation and potential in green finance. To maintain this positive trajectory, the Taskforce final report provides 31 actionable recommendations that will further develop Scotland as a global hub for green finance, driving ambition and unlocking the investments needed for a net zero transition. Read more: https://lnkd.in/ddnyK3zR The Scottish Government Scottish Financial Enterprise Scottish Enterprise Scottish Development International Sandy Begbie CBE FRSE Omar Shaikh Chris Tait #SustainableFinance #NetZero #GreenEconomy #JustTransition
To view or add a comment, sign in
-