31 Jan 2019
EUR 147 million
Infrastructure, transportation and telecom
Under the NIB Environmental Bond (NEB) framework, the Bank can issue environmental bonds, the proceeds of which are used to finance projects which benefit the environment and support the transition to a low carbon economy. The NEB framework is aligned with the Green Bond Principles.
The debt obligations carry no project risk and are issued under NIB's standard debt issuance programmes. An amount equal to the net proceeds from the sale of the NEB issuance will be held in a separate portfolio until it is disbursed to eligible projects.
Through impact reporting, investors receive better insight and knowledge about the financed projects and their estimated impact on the environment.
Only loans to projects located in NIB member countries or the EU may be considered for financing. Eligible projects are required to belong to one or more of the project categories listed on the right.
Projects that contribute to resilience and climate change adaptation within the defined categories without necessarily showing a direct environmental impact are also eligible.
|Water management & protection||28%|
|Clean transport solutions||11%|
|Resources & waste management||3%|
NIB reports on project-specific impact by NEB category. Impact
is measured ex-ante according to a set of environmental indicators in line with the harmonized impact reporting guidelines under the Green Bond Principles.