The German utility giant E.ON announced its plan to cover more than half its annual financing with green bonds to allow investors to back sustainable projects. Sales of the debt have reached almost $20.5B so far this year and the plan is the first corporate framework to align fully with the ICMA Green Bond Principles Standard and the EU Taxonomy.
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Sector: Finance
Country / Region: Germany
Tags: bonds, debt, energy utilities, green bonds, projects, SMARTER, specific financing mechanismsIn 5 user collections: Green Home Investment Platform – Industry Regulators , Green Home Investment Platform – National Regulators , Green Home Investment Platform – Supranational Regulators , Green Home Investment Platform – Institutional Investors , Green Home Investment Platform – Banks
Knowledge Object: Web Resource
Author: Lyubov Pronina