Green Bond Fact Sheet
Summary
The Region of Pays de la Loire issued a EUR75m green bond in October 2018 to fund projects in energy, buildings, and transport. Eligibility is tied to specific standards such as RT2012 for buildings and various renewable energy technologies. The Climate Bonds Initiative is monitoring the allocation of funds to bioenergy to ensure sustainability or a limited financial share (max 5%).
Key insights
- The Region of Pays de la Loire issued a green bond on 12-Oct-2018 for an amount of EUR75m (USD87m) with a maturity date of 12-Dec-2033 and a tenor of 15 years.
- Proceeds from the bond are earmarked for three categories: energy, buildings, and transport. Eligible energy projects include solar, wind, marine energy, biomass, geothermal, photovoltaic, electric, wood, biogas, and ocean energies. Transport eligibility covers rail transport, infrastructure for clean energy vehicles, and electric and hybrid cars.
- Building eligibility is based on specific energy standards. Public and private buildings must meet the Réglementation Thermique 2012 (RT2012) standard, which requires new work to have energy efficiency performance three times greater than the existing standard. Public buildings may also qualify via a "Very Good" HQE certification, and renovations must achieve at least a 40% energy performance improvement.
- The issuer committed to annual reporting on financed projects until proceeds are fully allocated, including an annual impact report with performance indicators published on the issuer's website.
- The Climate Bonds Initiative previously marked the bond as pending due to a lack of information on biomass and biogas projects. It will monitor reporting to ensure bioenergy projects represent a limited share of allocations, specifically that they use sustainable feedstock or constitute no more than 5% of the bond's proceeds.
Cite the original document
- APA
- Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-10%20FR%20Region%20of%20Pays%20de%20la%20Loire.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-10%20FR%20Region%20of%20Pays%20de%20la%20Loire.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-10%20FR%20Region%20of%20Pays%20de%20la%20Loire.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, url = {https://www.climatebonds.net/files/drupal-files/files/2018-10%20FR%20Region%20of%20Pays%20de%20la%20Loire.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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