Verification Report for Pre-Issuance Certification of the Green Bond by ABN AMRO

oekom research has verified that ABN AMRO's 2018 Green Bond is in conformance with the Climate Bonds Standard's Pre-Issuance Requirements. The verification covered the selection of nominated projects and assets, internal processes and controls, and reporting requirements. The bond's asset pool includes renewable energy projects, specifically offshore wind in the Netherlands and Germany, and residential properties that meet Dutch energy efficiency standards. ABN AMRO's framework aligns with the Green Bond Principles and targets energy efficiency, renewable energy, and the circular economy.

• oekom research concluded that ABN AMRO's 2018 Green Bond is in conformance with the Pre-Issuance Requirements of the Climate Bonds Standard, based on limited assurance procedures.
• The bond's asset pool for marine renewable energy consists of four wind projects in the North Sea, located in the Netherlands and Germany, with a combined current or expected capacity of 1,472 MW.
• Residential properties included in the bond are eligible because they were built after the Dutch Building Decree 2012 (Bouwbesluit 2012), placing them in the top 15% of energy efficient buildings in the Dutch market.
• ABN AMRO has established internal controls to prevent the double nomination of assets and will use an external auditor to verify that assets are not nominated to other Climate Bonds.
• To manage unallocated proceeds, ABN AMRO will invest in short-term money market products from sovereigns, supranational agencies, development banks, and financial institutions rated as 'Prime' by oekom research.
• The Green Bond Framework defines three main categories for the use of proceeds: energy efficiency, renewable energy, and eco-efficient and/or circular economy adapted products.

APA

Climate Bonds Initiative (2018). Verification Report for Pre-Issuance Certification of the Green Bond by ABN AMRO. https://www.climatebonds.net/files/drupal-files/files/ABN%20AMRO%20oekom%20pre-issuance-verification%20report.pdf

Chicago

Climate Bonds Initiative. Verification Report for Pre-Issuance Certification of the Green Bond by ABN AMRO. 2018. https://www.climatebonds.net/files/drupal-files/files/ABN%20AMRO%20oekom%20pre-issuance-verification%20report.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Verification Report for Pre-Issuance Certification of the Green Bond by ABN AMRO |date=9 April 2018 |url=https://www.climatebonds.net/files/drupal-files/files/ABN%20AMRO%20oekom%20pre-issuance-verification%20report.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2018verification, author = {{Climate Bonds Initiative}}, title = {{Verification Report for Pre-Issuance Certification of the Green Bond by ABN AMRO}}, institution = {Climate Bonds Initiative}, year = {2018}, month = apr, url = {https://www.climatebonds.net/files/drupal-files/files/ABN%20AMRO%20oekom%20pre-issuance-verification%20report.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }