A few days ahead of the adoption of the Green Deal project by the European Council, Amundi and the EIB are pleased to announce the fundraising for the first vintage of the Green Continuum programme has successfully reached EUR 253 million as of 30 of November 2019.
Representing a new frontier of sustainable finance in Europe, the programme aims to contribute to the deployment of new financing required to meet the commitments made under the Paris Agreement on climate change. Amundi and the EIB launched the partnership to finance European environmental objectives, foster the development of new market instruments, and facilitate access to market financing for smaller companies and green projects, while offering higher yields to investors.
Through this programme, Amundi and the EIB hope to enhance the green debt market beyond existing green bonds, to support small-scale green projects and financing for green SMEs. The initial commitment from the EIB is EUR 60m.
Full press release on EIB
© EIB - European Investment Bank
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