Summary
NAB is offering a ~$200 million Shared Portfolio of senior loans to Australian wind and solar projects, distributed via amortising Portfolio Notes. This initiative is part of a broader A$8 billion commitment by NAB to finance the transition to a low carbon economy by 2022, alongside targets to reduce its own emissions by 21% by 2025.
Key insights
- NAB is offering a closed-ended Shared Portfolio of approximately $200 million, consisting of 8-10 senior loans to solar parks and wind farms. These are distributed to investors as amortising Portfolio Notes, with NAB retaining at least 30% of each exposure to align interests.
- NAB has committed to A$8 billion in financing activities over a seven-year period ending in 2022 to support the transition to a low carbon economy and address climate change. The bank's specific climate targets include limiting global warming to under 2 degrees Celsius above pre-industrial levels and reducing its own greenhouse gas emissions by 21% from 2015 levels by 2025.
Cite the original document
- APA
- Climate Bonds Initiative (n.d.). nab. https://www.climatebonds.net/files/drupal-files/files/NAB%20Low%20Carbon%20Shared%20Portfolio%20Infographic%20External%2020180221.pdf
- Chicago
- Climate Bonds Initiative. nab. n.d. https://www.climatebonds.net/files/drupal-files/files/NAB%20Low%20Carbon%20Shared%20Portfolio%20Infographic%20External%2020180221.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=nab |url=https://www.climatebonds.net/files/drupal-files/files/NAB%20Low%20Carbon%20Shared%20Portfolio%20Infographic%20External%2020180221.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiativendnab, author = {{Climate Bonds Initiative}}, title = {{nab}}, institution = {Climate Bonds Initiative}, url = {https://www.climatebonds.net/files/drupal-files/files/NAB%20Low%20Carbon%20Shared%20Portfolio%20Infographic%20External%2020180221.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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