Signature(s)
Summary sheet
- Services - Financial and insurance activities
The project consists of an equity investment in a fund targeting fixed-income instruments (i.e. listed corporate bonds, private debt and asset-backed securities) used to finance green projects in the European Union and European Economic Area.
The fund's investment strategy targets investments in a range of green credit formats in Europe, with proceeds used by the issuing corporate entities to finance climate and environment-oriented investments.
The fund's operational guidelines will provide for due diligence of environmental and social aspects for all projects, according to guidelines acceptable to the EIB.
The fund will be required to ensure that implementation of the underlying projects is done in accordance with the EIB Guide to Procurement.