EIB Issues Climate Awareness Bonds
30 April 2010: The European Investment Bank (EIB) and Daiwa Securities Group announced an issuance of Climate Awareness Bonds to finance the EIB's future lending projects in the fields of renewable energy and energy efficiency.
In the last three years, the EIB has raised around 1 billion Euro equivalent through Climate Awareness Bonds. The proceeds of this new EIB bond issue will be dedicated to future lending projects on: renewable energy, such as wind, hydro, solar and geothermal energy production; and energy efficiency, such as district heating, co-generation, building insulation, energy-loss reduction in transmission and distribution, and equipment replacement with energy efficiency improvements of 20% or more. [EIB Issues Climate Awareness Bonds]