Certification

The Climate Bonds Standard and Certification Scheme is a labelling scheme for bonds, loans & other debt instruments. Rigorous scientific criteria ensure that it is consistent with the goals of the Paris Climate Agreement to limit warming to under 2 degrees. The Scheme is used globally by bond issuers, governments, investors and the financial markets to prioritise investments which genuinely contribute to addressing climate change.

 

Societe du Grand Paris

Societe du Grand Paris is the entity set up in 2010 by the French Government to construct and deliver the "Grand Paris Express" transport network, which is a significant and far reaching expansion to the existing metro and commuter rail network in Île-de-France, the region around Paris.

The proceeds from this bond will be used to finance the construction of new lines and line extensions: almost 200 km of new metro lines to supplement the 400 km of existing lines in the Ile-de-France region. This includes extensions of Metro Line 14 and the establishment of 4 new Metro lines, 15, 16, 17, 18.

The plan also includes 68 metro stations and 7 supporting technical centres.

 

As the network is completely electrically powered and will have very high passenger ridership, this network complies with the Climate Bonds Stanadard Low Carbon Transport Criteria.

 

 

NAME OF BOND

DATE OF ISSUE

TYPE OF INSTRUMENT

SIZE

TENOR

JURISDICTION OF ISSUER

CLIMATE BONDS SECTOR CRITERIA

VERIFIER'S REPORT

ANNUAL REPORT FURTHER INFORMATION
Green EMTN October 2018 Use of Proceeds EUR 1.75bn (USD 2.01bn) 10 years France Low Carbon Transport Pre Issuance Report by Sustainalytics  

Societe du Grand Paris Investor's Page

Green Bond Framework

Investor's Presentation

 

Green EMTN November 2018 Use of Proceeds EUR 20 million (USD 22.8 million) 50 years France Low Carbon Transport

Pre Issuance Report by Sustainalytics

(Note 1)

  cbonds page 
Green EMTN February 2019 Use of Proceeds EUR 50 million (USD 57.3 million) 50 years France Low Carbon Transport

Pre Issuance Report by Sustainalytics

(Note 1)

   
Green EMTN March 2019 Use of Proceeds EUR 2 billion (USD 2.27 billion) 15 years France Low Carbon Transport

Pre Issuance Report by Sustainalytics

(Note 1)

  Press Announcement by the issuer
Green EMTN March 2019 Use of Proceeds EUR 50 million (USD 56.8 million) 51 years France Low Carbon Transport

Pre Issuance Report by Sustainalytics

(Note 1)

   
Green EMTN April 2019 Use of Proceeds EUR 55 million (USD 62 million) 50 years France Low Carbon Transport

Pre Issuance Report by Sustainalytics

(Note 1)

   
Green EMTN April 2019 Use of Proceeds EUR 70 million (USD 79 million) 47 years France Low Carbon Transport

Pre Issuance Report by Sustainalytics

(Note 1)

   
Green EMTN May 2019 Use of Proceeds EUR 1 billion (USD 1.12 billion) 51 years France Low Carbon Transport

Pre Issuance Report by Sustainalytics

(Note 1)

   
Green EMTN Feb 2020 Use of Proceeds EUR 2.5 billion (USD 2.72 billion) 50 years France Low Carbon Transport

Pre Issuance Report by Sustainalytics

(Note 1)

   
Green EMTN April 2020 Use of Proceeds EUR 50m (USD 54m) 49 years France Low Carbon Transport

Pre Issuance Report by Sustainalytics

(Note 1)

   
Green EMTN May 2020 Use of Proceeds EUR 1.5 billion (USD 1.626 billion) 30 years France Low Carbon Transport

Pre Issuance Report by Sustainalytics

(Note 1)

   

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Note 1: As this is a Programmatic Certification, all the bonds share the same pre issuance verification report