For the second year, Caisse des Dépôts is publishing a Year Report on its Green Bond. This report explains transparently how this Green Bond is consistent with Caisse des Dépôts' climate strategy and how the projects financed are selected and monitored.
These projects, forming part of Banque des Territoires' and CDC Investissement Immobilier's portfolios, address the challenges of climate change and protecting biodiversity. They encompass three key areas:
- eco-friendly real estate,
- green energy generation infrastructure,
- site decontamination and redevelopment.
The performance assessment of these projects is a key criterion when a bond is issued. Accordingly, in 2018, the €500mn budget was fully disbursed for 30 projects in total, nationwide, which has made it possible to avoid nearly 55,000 tCO2eq and create 5,000 jobs.
A little over half of the projects were still in the construction phase in 2017, and by 2018 74% of them were up and running. Lastly, two more sites have been decontaminated, in addition to the four sites decontaminated in 2017, which makes 10 hectares (the equivalent of 14 redeveloped football courts) of redeveloped land in total.
To find out more about the various projects, how they are progressing and the respective environmental targets, with more in-depth insights into certain projects, you can read the 2018 annual report :
Green bond? As concrete evidence of its capacity for reducing environmental and social divides, in 2017 Caisse des Dépôts issued its first green bond worth €500mn. This financial instrument, which has been gaining significant traction since it was first launched by the World Bank back in 2007, is aimed at financing projects with high environmental benefits.
Caisse des Dépôts' green bond is helping to attain the following United Nations Sustainable Development Goals (SDGs):