• Historic first: Île-de-France Mobilités becomes the first public sector issuer to list an EU Green Bond under the new European standard.
• €1 billion for green transport: Funds will support electric rolling stock, infrastructure, and carbon-free mobility initiatives.
• EU Green Bond Standard enforcement: Ensures transparency, credibility, and oversight by ESMA.

Euronext Paris has admitted the first EU Green Bond issued by a public entity under the new EU Green Bond Standard. The €1 billion bond from Île-de-France Mobilités will finance sustainable transport initiatives in the region, reinforcing Euronext’s leadership in sustainable finance.

Why it matters:

Île-de-France Mobilités manages one of the world’s largest transport networks, handling 9.5 million daily journeys. The bond will help fund Europe’s most ambitious transport renewal program, aiming for a fully carbon-free system by 2030.

Where the money goes:

• Renewal and renovation of electric trains, metro systems, trams, and e-bikes.
• Development of sustainable transport infrastructure.
• Alignment with the EU Taxonomy defining sustainable activities.

The big picture:

The EU Green Bond Standard took effect on December 21, 2024, setting strict guidelines for sustainable bond issuances. It ensures full transparency pre- and post-issuance, with oversight from the European Securities and Markets Authority (ESMA).

What they’re saying:

Valérie Pécresse, President of the Île-de-France region and chair of Île-de-France Mobilités, emphasized the significance of this move:

“Revolutionising transport in Île-de-France has been my top priority. The transport system must lead in tackling the climate challenge, becoming a benchmark for decarbonised mobility by 2030. Being the first public issuer to launch a €1 billion Green Bond under the ‘EuGB’ Standard is both a proud achievement and a testament to the strength of our vision.”

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