BNP Paribas launches the Climate Impact Infrastructure Debt fund

BNP Paribas announces the launch of BNP Paribas Climate Impact Infrastructure Debt, an initiative supported by the aligned commitments of BNP Paribas Asset Management (‘BNPP AM’), BNP Paribas Corporate & Institutional Banking (‘BNPP CIB’) and BNP Paribas Cardif to finance climate change mitigation. Managed by BNPP AM’s Private Assets division, BNP Paribas Climate Impact Infrastructure Debt is structured as a Luxembourg Reserved Alternative Investment Fund (‘RAIF’) and classified as Article 9 under SFDR.  The fund is targeting EUR 500-750 million from institutional investors, including BNP Paribas Cardif’s seeding commitment.  It will have an investment grade profile and…

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BNP Paribas grants the first Inclusive & Sustainability-Linked Financing to three major microfinance players in France, Italy and Brazil

Over the past several years, BNP Paribas has been very active in Sustainability-Linked Loans (SLL), which aim to foster companies to improve their ESG performance by directly linking the financial conditions of the loan to primarily environmental but also social or governance objectives. By end September 2023, BNP Paribas was No. 1 worldwide and in EMEA in sustainable finance[1]. BNP Paribas has been supporting microfinance institutions for over 30 years. By drawing on their expertise in Sustainability-Linked Loans (SLL), the bank aims to adapt this financial mechanism to microfinance through Inclusive & Sustainability-Linked…

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BNP Paribas awarded “World’s Best Bank” and “World’s Best Bank for Sustainable Finance”

Following similar accolades by IFR earlier this year, the BNP Paribas Group’s ongoing support for its customers, and a more sustainable economy, has once again been recognised by leading trade magazine Euromoney with the awards ‘World’s Best Bank’ and ‘World’s Best Bank for Sustainable Finance’, as well as a number of other regional and national awards. Euromoney awards for Excellence 2023 Global awards World’s Best Bank World’s Best Bank for Sustainable Finance Regional awards Western Europe’s Best Bank for Sustainable Finance Latin America’s Best Bank for Sustainable Finance Western Europe’s Best…

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BNP Paribas details and strengthens its energy transition ambitions

BNP Paribas is providing more detail on its plans to withdraw from oil and gas exploration and production activities, following its announcement to strengthen its commitments on January 24th, 2023. BNP Paribas will no longer provide any financing dedicated to the development of new oil and gas fields regardless of the financing methods. Beyond the energy sector, BNP Paribas continues to align its loan portfolio with a net zero emissions trajectory. and is setting new decarbonisation targets for the steel, cement and aluminium sectors, as presented in its 2022 Climate…

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IFC, BNP Paribas Launch Landmark SRT Transaction to Support Trade Finance in Emerging Markets

IFC, a member of the World Bank Group, and BNP Paribas (BNPP), the European Union’s largest bank as measured by assets and a key player in international banking, today announced a landmark Synthetic Significant Risk Transfer (Synthetic SRT) transaction, which will enable BNPP to expand its trade finance activities and continue to support emerging market economies. The transaction is expected to be particularly impactful, as international trade finance flows have been adversely impacted by ongoing global economic uncertainty. BNPP is a strategic user of SRTs across a variety of asset…

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