The EIB issues its first Sustainability Awareness Bond

The European Investment Bank issued its first Sustainability Awareness Bond. This is a EUR 500 million transaction, launched on the 6th of September, which represents the first EIB funding intended to directly support sustainable finance and builds on the EIB’s pioneering role unlocking investment through green bonds.

This product allows the Bank to extend its established allocation and reporting practice to enhance capital market transparency and accountability in further areas of environmental and social sustainability. Adding to the  Climate Awareness Bonds (CABs),  the new Sustainability Awareness Bonds complement the EIB’s established role in support of sustainable development. 

The European Investment Bank is one of the largest financiers of water projects worldwide and proceeds from the first Sustainability Awareness Bonds will be allocated to water investment that supports sustainability objectives as defined by EU legislation. Read more here.