Currently valued at EUR 100 million[[Source: BNP Paribas Asset Management, as at 25 September 2017]]\n, Parvest Green Bond invests in bonds used to finance projects
\ndesigned to mitigate or address climate change issues. It is managed by BNPP AM\u2019s Fixed Income team
\nleveraging proprietary analysis provided by its Sustainability Research Team. BNPP AM has been a market
\nleader in sustainable & responsible investing since 2002 and manages nearly EUR 30 billion in SRI
\nstrategies, including more than EUR 500 million in green bonds (as at 30 June 2017).<\/p>\n
Bonds are analysed using BNPP AM\u2019s internal assessment methodology, incorporating financial and extrafinancial The green bond market is expanding rapidly, and the inclusion of sovereign bonds such as the French Felipe Gordillo, Senior ESG analyst & Arnaud-Guilhem Lamy, manager of Parvest Green Bond, Parvest Green Bond is benchmarked against the Bloomberg Barclays MSCI Global Green Bond Index (Euro Denominated in euros, it uses FX BNP Paribas Asset Management (\u2018BNPP AM\u2019) is extending its SRI offering with the launch of Parvest
\nanalysis to identify the most appropriate portfolio holdings from the universe of almost 150 issues
\nrepresenting around USD 115 billion of outstanding bonds. An innovative engagement process ensures
\nthat investments have a positive impact on climate change.
\nThis includes an initial meeting with the issuer
\nto verify each bond\u2019s sustainability credentials ahead of purchase, combined with ongoing monitoring of
\nthe environmental impact throughout the life of the bond.<\/quote><\/p>\n
\ngovernment\u2019s EUR8.6 billion issue, as of June 2017 provides greater liquidity and depth to the market.
\nGreen bonds can be issued by sovereigns, agencies or corporates, and enable capital-raising and
\ninvestment for new and existing projects that have environmental benefits, including limiting climate
\nchange. Analysis conducted by BNPP AM suggests that between now and 2030, USD4 trillion will be
\nrequired annually to support the energy transition towards a low-carbon economy. Meanwhile the global
\nfixed-income market totals USD 100 trillion of outstanding securities. Green bonds are the missing link
\nbetween the need for energy transition financing and supply from debt capital markets, and are therefore
\nideally suited to support low-carbon and climate-resilient development.<\/p>\n
\ncomment:
\n\u201cClimate change is one of the greatest challenges of our time and green bonds are one of the best ways to
\nfinance activities with low greenhouse gas emissions and to support low-carbon and climate-resilient
\ndevelopment. Meanwhile the rapid expansion of the green bond market means that it is now diversified
\nenough to offer a genuine investment solution. Our SRI research expertise dating back 15 years, very wellresourced
\nfixed income portfolio management capability and almost EUR 500 million of existing
\ninvestments in green bonds makes us ideally placed to manage Parvest Green Bond. Greenhouse gas
\navoidance is the key climate benefit of the fund, enabling investors to offset carbon emissions in their fixed
\nincome portfolios, as well as to meet sustainable regulatory requirements.\u201d<\/em><\/p>\n
\nHedged).<\/strong> It invests in issues with a minimum credit rating of B-, and may also use futures, options and
\nswaps. The fund aims to have a minimum of 83.5% of green bonds.<\/p>\n
\nderivatives to hedge bonds issued in other currencies. The base currency is Euros. Parvest Green Bond is
\ncurrently registered for sale in Austria, France, Germany, Luxembourg and the United Kingdom.
\nThis new launch contributes to the energy transition policy followed by BNP Paribas. The Group has a long
\nstanding commitment to sustainability and aims to rank among the top three global players for eurodenominated
\nissues by 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"
\nGreen Bond, using a proprietary integrated engagement approach to identify investments expected to
\nhave the most positive environmental impact.<\/p>\n","protected":false},"author":20,"featured_media":66208,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1471],"tags":[1655,1682,1651,1711,1437,1691,1774,1952],"_links":{"self":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/66210"}],"collection":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/users\/20"}],"replies":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/comments?post=66210"}],"version-history":[{"count":0,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/posts\/66210\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media\/66208"}],"wp:attachment":[{"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/media?parent=66210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/categories?post=66210"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/beta.next-finance.net\/en\/wp-json\/wp\/v2\/tags?post=66210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}