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    Home > Chemicals Industry > International Chemical > The Dutch government plans to issue green bonds next year

    The Dutch government plans to issue green bonds next year

    • Last Update: 2022-12-28
    • Source: Internet
    • Author: User
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    The Dutch government plans to issue green bonds
    next year.
    In a letter sent to the country's House of Representatives, Dutch Finance Minister Wopke Hoekstra said the bond would generate sustainable investment income and institutional investors such as Dutch pension funds were expected to support the financing vehicle
    .

    "If Dutch pension funds, insurance companies and banks, etc.
    want to invest in safe green government bonds, they have to rely on foreign suppliers," Hoekstra said.

    The minister said that 3.
    5 billion to 5 billion euros
    could be raised annually through bonds.
    Hoekstra claims the Netherlands will be the first country to receive a AAA rating to issue green government bonds
    .
    A further announcement
    is expected in mid-December.

    Green bond financing is an option
    that is gaining traction globally.
    In early October, the Luxembourg Stock Exchange issued around €1 billion in green bonds through the Luxembourg Green Exchange (LGX), a new platform
    for sustainable investing created by the Exchange after the COP21 climate change agreement.

    The Netherlands and German transmission operator Tennet launched a €1.
    25 billion green bond program
    in May.
    However, British Energy Minister Claire Perry this week rejected local proposals
    that green bonds could help authorities encourage renewable energy.

    The Dutch government plans to issue green bonds
    next year.
    In a letter sent to the country's House of Representatives, Dutch Finance Minister Wopke Hoekstra said the bond would generate sustainable investment income and institutional investors such as Dutch pension funds were expected to support the financing vehicle
    .

    Green bonds

    "If Dutch pension funds, insurance companies and banks, etc.
    want to invest in safe green government bonds, they have to rely on foreign suppliers," Hoekstra said.

    The minister said that 3.
    5 billion to 5 billion euros
    could be raised annually through bonds.
    Hoekstra claims the Netherlands will be the first country to receive a AAA rating to issue green government bonds
    .
    A further announcement
    is expected in mid-December.

    Green bond financing is an option
    that is gaining traction globally.
    In early October, the Luxembourg Stock Exchange issued around €1 billion in green bonds through the Luxembourg Green Exchange (LGX), a new platform
    for sustainable investing created by the Exchange after the COP21 climate change agreement.

    The Netherlands and German transmission operator Tennet launched a €1.
    25 billion green bond program
    in May.
    However, British Energy Minister Claire Perry this week rejected local proposals
    that green bonds could help authorities encourage renewable energy.

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