{"id":14273,"date":"2023-10-31T13:50:22","date_gmt":"2023-10-31T13:50:22","guid":{"rendered":"https:\/\/www.esgtoday.com\/?p=14273"},"modified":"2023-10-31T13:50:25","modified_gmt":"2023-10-31T13:50:25","slug":"bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects","status":"publish","type":"post","link":"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/","title":{"rendered":"BNP Paribas, EIB Sign Agreement to Fund Home Clean Energy Projects"},"content":{"rendered":"<!--themify_builder_content-->\n<div id=\"themify_builder_content-14273\" data-postid=\"14273\" class=\"themify_builder_content themify_builder_content-14273 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n\n\n<p>The EIB Group (European Investment Bank, EIB, and European Investment Fund, EIF) and BNP Paribas announced a \u201cgreen securitization\u201d agreement today, aimed at financing home energy efficiency investments and supporting the transition to climate neutrality.<\/p>\n\n\n\n<p>Under the new agreement, the EIB Group has invested \u20ac400 million from the EIB and \u20ac50 million from the EIFin senior and mezzanine tranches of asset-backed securities backed by a consumer portfolio originated by BNP Paribas Personal Finance. Other private investors will invest \u20ac24 million in the junior tranches.<\/p>\n\n\n\n<p>According to BNP Paribas, the transaction will enable the bankto supply new lending of around \u20ac627 million to households in France over a three-year period. Financing will exclusively support energy efficient housing equipment, notably high-energy performance boilers, insulation windows, and installation of solar panels. Altogether, these projects will contribute to the reduction of CO2 emissions.<\/p>\n\n\n\n<p>EIB Vice-President Ambroise Fayolle said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\u201cThe EIB Group and BNP Paribas are joining forces to facilitate access to energy-efficient housing equipment for individuals. Supporting the development of credit with our banking partners in France to encourage household investments that contribute to the fight against global warming is a key mission for the EIB Group, and I&#8217;m delighted that this innovative financing scheme can make its contribution.\u201d&nbsp;&nbsp;<\/p>\n<\/blockquote>\n\n\n\n<p>The structure, derived from a \u20ac500 million portfolio composed of consumer loans originated by BNP Paribas Personal Finance, was structured by BNP Paribas Personal Finance and optimized to provide capital release for additional lending and funding. BNP Paribas CIB acted as strategic advisor on the transaction.<\/p>\n\n\n\n<p>Charlotte Dennery, CEO of BNP Paribas Personal Finance, said:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote\">\n<p>\u201cThis transaction is a further illustration of BNP Paribas Personal Finance&#8217;s commitment to the ecological transition of households. Today, we are financing the energy transition of housing up to \u20ac4 billion, that is nearly 4% of our outstanding loans.\u201d<\/p>\n<\/blockquote><span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>The EIB Group (European Investment Bank, EIB, and European Investment Fund, EIF) and BNP Paribas announced a \u201cgreen securitization\u201d agreement today, aimed at financing home energy efficiency investments and supporting the transition to climate neutrality. Under the new agreement, the EIB Group has invested \u20ac400 million from the EIB and \u20ac50 million from the EIFin [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":14274,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[36,30],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>BNP Paribas, EIB Sign Agreement to Fund Home Clean Energy Projects - ESG Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BNP Paribas, EIB Sign Agreement to Fund Home Clean Energy Projects - ESG Today\" \/>\n<meta property=\"og:description\" content=\"The EIB Group (European Investment Bank, EIB, and European Investment Fund, EIF) and BNP Paribas announced a \u201cgreen securitization\u201d agreement today, aimed at financing home energy efficiency investments and supporting the transition to climate neutrality. Under the new agreement, the EIB Group has invested \u20ac400 million from the EIB and \u20ac50 million from the EIFin [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/\" \/>\n<meta property=\"og:site_name\" content=\"ESG Today\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ESGToday\/\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-31T13:50:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-31T13:50:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/10\/BNP-EIB.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"910\" \/>\n\t<meta property=\"og:image:height\" content=\"644\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Susan Lahey\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:site\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Susan Lahey\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/\"},\"author\":{\"name\":\"Susan Lahey\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/97e13a5b49d5c769104360ded30d2826\"},\"headline\":\"BNP Paribas, EIB Sign Agreement to Fund Home Clean Energy Projects\",\"datePublished\":\"2023-10-31T13:50:22+00:00\",\"dateModified\":\"2023-10-31T13:50:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/\"},\"wordCount\":305,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.esgtoday.com\/#organization\"},\"articleSection\":[\"Energy Transition\",\"Sustainable Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/\",\"url\":\"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/\",\"name\":\"BNP Paribas, EIB Sign Agreement to Fund Home Clean Energy Projects - ESG Today\",\"isPartOf\":{\"@id\":\"https:\/\/www.esgtoday.com\/#website\"},\"datePublished\":\"2023-10-31T13:50:22+00:00\",\"dateModified\":\"2023-10-31T13:50:25+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.esgtoday.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"BNP Paribas, EIB Sign Agreement to Fund Home Clean Energy Projects\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.esgtoday.com\/#website\",\"url\":\"https:\/\/www.esgtoday.com\/\",\"name\":\"ESG Today\",\"description\":\"ESG investing news, analysis, research and information\",\"publisher\":{\"@id\":\"https:\/\/www.esgtoday.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.esgtoday.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.esgtoday.com\/#organization\",\"name\":\"ESG Today\",\"url\":\"https:\/\/www.esgtoday.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png\",\"contentUrl\":\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png\",\"width\":618,\"height\":350,\"caption\":\"ESG Today\"},\"image\":{\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/ESGToday\/\",\"https:\/\/twitter.com\/EsgToday\",\"https:\/\/www.linkedin.com\/company\/esg-today\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/97e13a5b49d5c769104360ded30d2826\",\"name\":\"Susan Lahey\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/cab60e69514f8fa9da35d98b8240df92?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/cab60e69514f8fa9da35d98b8240df92?s=96&d=mm&r=g\",\"caption\":\"Susan Lahey\"},\"description\":\"Susan Lahey started her career as a business reporter for The Kansas City Star and has worked as a freelancer covering business, investment, technology, sustainability and science for numerous publications. She has also worked as a writer and editor for publicly funded projects mandating environmental cleanup of a molybdenum mine in Northern New Mexico; and recovery and resiliency measures following Hurricane Maria in Puerto Rico. Recently she worked as Director of Communications for a European wave energy company.\",\"url\":\"https:\/\/www.esgtoday.com\/author\/susan-lahey\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BNP Paribas, EIB Sign Agreement to Fund Home Clean Energy Projects - ESG Today","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/","og_locale":"en_US","og_type":"article","og_title":"BNP Paribas, EIB Sign Agreement to Fund Home Clean Energy Projects - ESG Today","og_description":"The EIB Group (European Investment Bank, EIB, and European Investment Fund, EIF) and BNP Paribas announced a \u201cgreen securitization\u201d agreement today, aimed at financing home energy efficiency investments and supporting the transition to climate neutrality. Under the new agreement, the EIB Group has invested \u20ac400 million from the EIB and \u20ac50 million from the EIFin [&hellip;]","og_url":"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/","og_site_name":"ESG Today","article_publisher":"https:\/\/www.facebook.com\/ESGToday\/","article_published_time":"2023-10-31T13:50:22+00:00","article_modified_time":"2023-10-31T13:50:25+00:00","og_image":[{"width":910,"height":644,"url":"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/10\/BNP-EIB.jpg","type":"image\/jpeg"}],"author":"Susan Lahey","twitter_card":"summary_large_image","twitter_creator":"@EsgToday","twitter_site":"@EsgToday","twitter_misc":{"Written by":"Susan Lahey","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/#article","isPartOf":{"@id":"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/"},"author":{"name":"Susan Lahey","@id":"https:\/\/www.esgtoday.com\/#\/schema\/person\/97e13a5b49d5c769104360ded30d2826"},"headline":"BNP Paribas, EIB Sign Agreement to Fund Home Clean Energy Projects","datePublished":"2023-10-31T13:50:22+00:00","dateModified":"2023-10-31T13:50:25+00:00","mainEntityOfPage":{"@id":"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/"},"wordCount":305,"commentCount":0,"publisher":{"@id":"https:\/\/www.esgtoday.com\/#organization"},"articleSection":["Energy Transition","Sustainable Finance"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/","url":"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/","name":"BNP Paribas, EIB Sign Agreement to Fund Home Clean Energy Projects - ESG Today","isPartOf":{"@id":"https:\/\/www.esgtoday.com\/#website"},"datePublished":"2023-10-31T13:50:22+00:00","dateModified":"2023-10-31T13:50:25+00:00","breadcrumb":{"@id":"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.esgtoday.com\/bnp-paribas-eib-sign-agreement-to-fund-home-clean-energy-projects\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.esgtoday.com\/"},{"@type":"ListItem","position":2,"name":"BNP Paribas, EIB Sign Agreement to Fund Home Clean Energy Projects"}]},{"@type":"WebSite","@id":"https:\/\/www.esgtoday.com\/#website","url":"https:\/\/www.esgtoday.com\/","name":"ESG Today","description":"ESG investing news, analysis, research and information","publisher":{"@id":"https:\/\/www.esgtoday.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.esgtoday.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.esgtoday.com\/#organization","name":"ESG Today","url":"https:\/\/www.esgtoday.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png","contentUrl":"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2023\/05\/ESG-Today-Logo.png","width":618,"height":350,"caption":"ESG Today"},"image":{"@id":"https:\/\/www.esgtoday.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/ESGToday\/","https:\/\/twitter.com\/EsgToday","https:\/\/www.linkedin.com\/company\/esg-today\/"]},{"@type":"Person","@id":"https:\/\/www.esgtoday.com\/#\/schema\/person\/97e13a5b49d5c769104360ded30d2826","name":"Susan Lahey","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.esgtoday.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/cab60e69514f8fa9da35d98b8240df92?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cab60e69514f8fa9da35d98b8240df92?s=96&d=mm&r=g","caption":"Susan Lahey"},"description":"Susan Lahey started her career as a business reporter for The Kansas City Star and has worked as a freelancer covering business, investment, technology, sustainability and science for numerous publications. She has also worked as a writer and editor for publicly funded projects mandating environmental cleanup of a molybdenum mine in Northern New Mexico; and recovery and resiliency measures following Hurricane Maria in Puerto Rico. Recently she worked as Director of Communications for a European wave energy company.","url":"https:\/\/www.esgtoday.com\/author\/susan-lahey\/"}]}},"builder_content":"","_links":{"self":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/posts\/14273"}],"collection":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/comments?post=14273"}],"version-history":[{"count":0,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/posts\/14273\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/media\/14274"}],"wp:attachment":[{"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/media?parent=14273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/categories?post=14273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.esgtoday.com\/wp-json\/wp\/v2\/tags?post=14273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}