European Investment Bank Climate Awareness Bond
|Primary impact area||Impact area||Geographic location of impact||Investment commencement||SDG alignment|
|Environment||Renewable Energy||Europe and Developing Markets||2018||
The drive to preserve the human and natural environment for future generations is at the heart of the European Investment Bank (EIB) Climate Awareness Bond.
By directing funds to projects that contribute to mitigating climate change, the bond is helping to create a greener, brighter tomorrow.
EIB is the world’s largest multilateral provider of climate finance. The Climate Awareness Bond, in which Premiums4Good has invested, sees funds allocated to projects across the renewable energy and energy efficiency sectors globally.
These include offshore wind renewable energy projects in the UK, Belgium and Peru; a biomass power plant producing renewable energy in Spain; a power system expansion project in Nepal; and a water supply project with a renewable energy component in the Netherlands.
Through these projects, the bond supports environmental outcomes including renewable energy and energy efficiency, contributing to affordable and sustainable energy in communities around the world.