02.03.2018

Crédit Agricole CIB support for Belgium's first green bond

Crédit Agricole CIB provided support to the Kingdom of Belgium's first green bonds issue.

The €4.5 billion's worth of 15-year bonds turned Belgium into the second Eurozone country to issue this type of bond, after France. Largely oversubscribed*, it confirms Belgium's commitment to the development of green finance and clearly shows its desire to fight climate change. Like the first French sovereign green bond issue at the beginning of 2017, Crédit Agricole CIB acted as joint lead bank and structuring agent. This deal boosts CACIB's expertise with sovereign funds and its leadership position in the fast-growing green finance sector.

* Demand for the bonds exceeds the volume offered

Stanislas Pottier

Head of sustainable development, He began his career in 1994 at the French Ministry of Finance. Until 1998, he was Deputy Head of the Central and Eastern Europe office and then Deputy Head of the Services and Intellectual Property Office. He joined the World Bank as an economist ...