Largest Development Bank Green Bond of 2022
EIB won this Award for: the EUR 4bn Climate Awareness Bond (CAB) due May 2032 priced last May and the EUR 4bn CAB due March 2030 priced last September. The CAB Framework has proven effective in generating larger volumes of eligible disbursements as well as exceptional investor support.
“EIB is the largest multilateral development bank issuer of green bonds with dedicated use of proceeds. It is also spearheading EU legislation on sustainable finance. Progress in this area is becoming increasingly important for stakeholders and generated exceptional investor demand for our first CABs in EARN-format.”