Green Bond Fact Sheet
Summary
This fact sheet describes a USD 500 million inaugural green bond issued by the Netherlands Development Finance Company (FMO) on February 20, 2019, with a maturity date of February 20, 2024.
Key insights
- The Netherlands Development Finance Company (FMO) issued a USD 500 million senior unsecured green bond on February 20, 2019, which represents the first green bond from a development bank in the Benelux region.
- Proceeds from the bond are allocated across three primary categories: Climate Change Mitigation (requiring a minimum 20% reduction in energy consumption or GHG emissions for energy efficiency activities), Climate Change Adaptation (focused on reducing vulnerability and increasing resilience), and Other Footprint (activities with positive environmental impacts on water, waste, and biodiversity).
- FMO has committed to annual reporting for stakeholders, including allocation reporting for new and existing projects (based on the outstanding portfolio and 85% of the committed non-disbursed project portfolio) and impact reporting on estimated annual GHG emission reductions and the number of direct and indirect jobs supported.
- The bond's framework was reviewed by Sustainalytics and aligns climate-related categories with the Multilateral Development Banks (MDBs) report for Climate Finance Tracking.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-02%20NL%20FMO.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-02%20NL%20FMO.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=16 April 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-02%20NL%20FMO.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = apr, url = {https://www.climatebonds.net/files/drupal-files/files/2019-02%20NL%20FMO.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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