Introduction section Btp green: identification of public expenses related to the first issue

Btp green: identification of public expenses related to the first issue

The Republic of Italy makes available the details related to the public green eligible expenditures, with positive environmental impact, financed with the net proceeds of the first BTP Green.
The bond, with a 1.50% annual coupon and maturing on the 30th April 2045, has been issued the last 3rd March 2021, for an amount of 8.5 billion Euro.

 

The eligible expenditures are intended to contribute to the achievement of one or more of the six environmental objectives of the EU Taxonomy and to support the 2030 Sustainable Development Goals (SDGs) stated in the Green Bond Framework. The eligible expenses fall within the definition of one of the six Green Categories below:

  1. Renewable electricity and heat;
  2. Energy efficiency;
  3. Transport;
  4. Pollution prevention and control and circular economy;
  5. Protection of the environment and biological diversity;
  6. Research.

 

More details concerning the allocation of the net proceeds to the selected expenditures will be provided in the “Italian Sovereign Green Bond Allocation and Impact Report”, that will be published annually.

 

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