Global Green Bond Initiative equity investment

signed

The EBRD is making an equity investment of EUR 50 million in favour of the Global Green Bond Initiative ("GGBI" or "the Fund"), a flagship initiative of the European Commission (EC) investing in Green and Sustainability Bonds ("GSBs"). The EBRD will invest alongside several European Development Financial Institutions ("DFIs") supporting the Fund to invest in eligible assets and therefore support the development of GSB markets in low- and middle-income countries across the EBRD region. The EBRD's equity investment will benefit from an unfunded guarantee provided by the European Union (EU) under its European Fund for Sustainable Development Plus (ESFD+) guarantee programme, which supports financing and investment operations in partner countries outside of Europe.