Green Bond Dutch government
PDN has invested 36 million euros in a “Green Bond” issued by the Dutch government. This makes PDN one of the largest investors, relatively speaking, in this first Green Bond issued by the Dutch government. It also puts the Netherlands as the first country with the highest credit rating (AAA) to issue a green bond. The funds raised from this bond are used to finance measures and projects that reduce CO2 emissions and help achieve the government's climate objectives.
Green Bond European Bank for Reconstruction and Development (EBRD)
In addition, with a Green Bond to the EBRD, PDN has become the main investor in environmentally and socially sustainable projects. This 11-million-euro bond will be used to invest in five types of projects aimed at energy efficiency, renewable energy, water management, waste management, and air pollution prevention and sustainable transport. The focus is on Europe and Central Asia.
Sustainable Investment Policy
Through these investments, PDN is taking another big step towards achieving the long-term sustainability goals. “Green bonds play an important role in stimulating positive climate and environmental results. We are pleased to be able to work with the EBRD to stimulate growth and innovation in the green-bond market. Besides the fact that these bonds contribute to sustainable development, they also have a good return and a very good credit rating. Bonds like this are unique,” says Serkan Kara, Portfolio Manager at DPS.
European Bank for Reconstruction and Development (EBRD)
The European Bank for Reconstruction and Development was established to help build a new post-Cold War era in Central and Eastern Europe. It has since played a historical role and acquired unique expertise in promoting change in these and other areas, with investments totaling over 130 trillion euros in more than 5,200 projects.