What:
Euler Hermes announces that Natixis is one of its first participating partners in its Green2Green Single Risk credit insurance solution that contributes to tackling climate change by insuring green transactions and investing the premium in certified green bonds.
Why:
Through the Green2Green solution, Natixis will participate in establishing a virtuous green cycle by investing back into the green economy. Enabling a green value chain is a significant step forward in accelerating the energy transition and in the fight against climate change.
How:
- The Green2Green Single Risk credit insurance solution focuses on providing insurance on green transactions, which are eligible based on a bespoke environmental evaluation.
- The insurance solution implements a virtuous “green cycle” with 100% of the generated investable premium invested back into the green economy.
- This investment comes in the form of certified green bonds completing a green economic cycle.
- This approach is fully transparent with a certificate of investment issued by Euler Hermes Asset Management, ensuring the full traceability of the invested premium throughout the transaction term.
- The initial sectors in scope are renewable energy, energy efficiency, recycling, water treatment, and mass public transportation.