OAT绿色债券

简介:

2017年1月24日:推出利率1.75% 2039年6月25日到期的OAT绿色债券法国国库署于今天宣布成功首次发行一只22年期、利率1.75%、2039年6月25日到期的 OAT绿色债券,总额70亿欧元,为迄今发行的规模最大、期限最长的绿色基准债券。
法国成为全球率先发行绿色基准债券的国家, 藉此而确定了其在实施2015年12月巴黎气候协议雄伟目标中的领导作用。

法国的绿色债券所瞄准的对象是国家预算支出以及未来投资计划(PIA)的支出,未来投资计划的宗旨是应对气候变化、适应气候变化、保护生物多样性和防治污染。

所筹集的资金将根据预算普遍性原则进行管理,并用于资助同等金额的合格绿色支出。在实践操作中,通过OAT绿色债券筹集得来的资金将与传统OAT债券的资金一视同仁,并须接受绿色合格支出分配跟踪。

继本次初始发行后,国库署将继续发行OAT绿色债券以确保其流动性,做法类似于传统的OAT债券。因此,这只OAT绿色债券的现有金额将会随着有规律的后续发行而不断增加。相关金额将用于支持符合条件的绿色支出,支出的累计金额预计将逐年增加。

法国将定期向投资者发布三份报告:关于资金分配的年度报告、相关指数绩效报告以及事后环境影响报告。事后环境影响报告由绿色债券评估委员会监督完成。该评估委员会由独立专家组成,于2017年12月11日举行了首次会议。

资金分配和绩效报告

关于法国绿色债券社会责任特点的第二次意见 (只有法文版)

OAT绿色债券框架性文件 verte (只有法文版)

投资者介绍 (只有法文版)

Investors presentation

AFT has regularly taped the Green OAT since the initial issuance to maintain its liquidity, as it does for conventional benchmark OATs. Consequently, the outstanding amount of the Green OAT has been increased by successive tap issues. The proceeds from tap issues are also matched to Eligible Green Expenditure, as the cumulative amount of such expenditure has rised over the years (see Green OAT fact sheet).

France provides several types of report to investors: an annual report on allocation and performance indicators and a report on ex post impacts at an appropriate frequency. The ex-post impact reporting is reviewed by an independent Council.

The Green OATs Evaluation Council

The Green OATs Evaluation Council is chaired by Manuel Pulgar-Vidal and its members are eight independent experts:

  • Mats Andersson, Vice-Chairman of the Global Challenges Foundation, Chairman of PDC and former CEO of AP4, Sweden’s fourth national pension fund;
  • Nathalie Girouard, Head of the Environmental Performance and Information Division of the Environment Directorate at the OECD;
  • Mike Holland, independant consultant ;
  • Karin Kemper, Senior Director for the Environment and Natural Resources Global Practice at the World Bank;
  • Rana Roy, independant consultant ;
  • Thomas Sterner, Professor of Environmental Economics at the University of Gothenburg;
  • Eric Usher, Head of the Secretariat of the United Nations Environment Program Finance Initiative.

Two observers also take part in the Council:

  • Sean Kidney, co-founder and CEO of the Climate Bond Initiative;
  • Nicolas Pfaff, Senior Director and Secretary to the Green Bond Principles, ICMA (International Capital Market Association).

The Green OATs Evaluation Council defines the specifications and schedule for evaluation reports on the environmental impact of Eligible Green Expenditure financed by France’s green sovereign bond. The Council also gives its opinion on the quality of the evaluation reports and the impact and relevance of the findings. All of its work is published on the Agence France Trésor website. The Secretariat of the Green OATs Evaluation Council is provided jointly by the General Commission for Sustainable Development and the Directorate General of the Treasury.

视频OAT绿色债券:

(只有法文版)