|Dear SRI reader,
Following on from the recent and revolutionary Article 173, yet another success made in France took place this week, on Tuesday. The €7 billion green bond issued by the AFT (Agence France Trésor), represents the largest green bond to be issued by a Euro-zone sovereign and it has already been oversubscribed 3 times. Analysts predict a continued surge in the green bond issuance in 2017, destined to shore up the global debt capital market issuance landscape. It is fair to say that quite a bit is being done to help investors, guide them and support sustainability. France is once again in the spotlight next week, as Paris will host a UNEP FI conference to celebrate the launch of the Principles for Positive Impact Finance - a set of high level guidelines, designed to "provide a common yet flexible framework for the business and finance community to identify and develop positive impact activities, entities and projects".
Rich times ahead and more challenges to face.
- Eurosif's Executive Director