World Bank launches new Green Growth Bond for retail investors in Belgium
By choosing this green bond linked to an equity index, investors can benefit from the potential growth of an equity index and, at the same time, support projects with a positive climate impact financed by the World Bank.
This is the first time that such an investment solution is being launched by the World Bank for retail investors. The Green Growth Bond is offered to investors in Belgium starting November 17th 2014.
This investment product has been designed to deliver three key objectives for environmentally conscious investors:
- Eco-citizenship: bond proceeds are allocated by the World Bank to support projects aimed at addressing climate change.
- Peace of mind: at maturity, investors are entitled to the repayment in US dollars of 100% of their original capital investment by the World Bank (Aaa/AAA)1.
- Return on capital: at maturity, investors can potentially earn a redemption premium that is linked to an ethical equity index, made up of 30 European companies which are selected according to sustainability criteria defined by independent organisations.
In order to develop the Green Growth Bond, the World Bank has partnered with BNP Paribas Corporate & Investment Banking, bringing to bear the bank’s traditional strengths in structured solutions and debt capital markets, and its commitment to drive progress in sustainable and responsible investment solutions.
Full information about the product and distributing banks is available in the press release herewith and at http://www.greengrowthbond.com/.
