Euronext launches green bonds offering initiative across six markets

By Sarah Lizee

Olympia, Wash., Nov. 5 – Euronext announced the creation of a new green bonds offering initiative across its six regulated markets.

The initiative, which was launched at climate finance week in Dublin, is operated out of Euronext Dublin and is designed to encourage and promote more sustainable investment in Europe, according to a press release.

The green bonds offering was set to go live on Tuesday with more than 50 participating issuers and marks the first product launch of Euronext’s new “Let’s Grow Together 2022” three-year strategic plan.

Euronext said there is about €118 billion worth of green bonds listed on Euronext markets, €40 billion of which was raised in the last 12 months.

“The new initiative builds on the recent Green Bonds leadership across the Euronext markets, in particular in Amsterdam, Brussels, Dublin, Lisbon, Oslo, and Paris, and is designed to encourage more sustainable investment by offering issuers a range of opportunities to list bonds to finance their environmental and sustainability projects,” Euronext said in a news release.

“By promoting green bonds from all of Euronext’s markets in one dedicated area on the Euronext website, it will be easier for investors to discover and participate in sustainable investment opportunities.”

In order to be eligible for inclusion, green bonds must be listed on a Euronext market, be aligned with recognizable industry standards such as ICMA Green Bond Principles or the Climate Bond Initiative Taxonomy and be accompanied by an appropriate external review performed by an independent third party.

The pan-European exchange covers Belgium, France, Ireland, the Netherlands, Norway, Portugal and the United Kingdom.

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