LONDEN & MILAAN– (BUSINESS WIRE) – Moody’s ESG Solutions Group heeft vandaag aangekondigd dat Moody’s dochteronderneming V.E een Second Party Opinion heeft uitgebracht over het Italiaanse raamwerk voor groene staatsobligaties en de eerste uitgifte van groene obligaties. Het raamwerk, dat is afgestemd op de vier kerncomponenten van de Green Bond Principles 2018, zal worden gebruikt om begrotingslijnen te financieren die de milieuprioriteiten van Italië weerspiegelen, waaronder hernieuwbare energie en schoon transport. Volgens V.E zullen deze categorieën waarschijnlijk bijdragen aan zeven van de duurzame ontwikkelingsdoelstellingen van de Verenigde Naties.

Moody’s ESG Solutions Group: V.E Provides Second Party Opinion on Italy’s First Sovereign Green Bond Framework and Issuance

LONDON & MILAN–(BUSINESS WIRE)– Moody’s ESG Solutions Group announced today that Moody’s affiliate V.E has provided a Second Party Opinion on Italy’s sovereign green bond framework and first green bond issuance. The framework, which is aligned with the four core components of the Green Bond Principles 2018, will be used to finance budget lines reflective of Italy’s environmental priorities, including renewable energy and clean transportation. In V.E’s opinion, these categories are likely to contribute to seven of the United Nations Sustainable Development Goals.

“In our assessment, the bonds issued via this framework will provide a ‘robust’ contribution to sustainability. Italy has committed to conduct due diligence on the environmental contribution of the projects that it chooses to finance. The financed expenses have clear benefits in terms of climate mitigation, climate adaptation, pollution prevention and control, transition to a circular economy, the responsible management of natural resources, and the protection of ecosystems and biodiversity,” said Juliette Macresy, Executive Director for Sustainable Finance at V.E. “Looking forward, we expect sovereign issuances to continue expanding and diversifying in order to raise capital for sustainable development activities, ranging from climate action to ongoing pandemic recovery.”

V.E’s SPOs on sustainability credentials help market participants secure financing through sustainable bonds and loans, strengthen issuers’ and projects’ credibility, and give investors confidence. To date, V.E has provided more than 300 SPOs – including award-winning and pioneering missions – on sustainable financing operations in over 30 countries. V.E has provided SPOs for the following sovereign issuers: France, Chile, Ecuador, Egypt, and Mexico.

ABOUT MOODY’S ESG SOLUTIONS

Moody’s ESG Solutions Group is a business unit of Moody’s Corporation serving the growing global demand for ESG and climate insights. The group leverages Moody’s data and expertise across ESG, climate risk, and sustainable finance, and aligns with Moody’s Investors Service (MIS) and Moody’s Analytics (MA) to deliver a comprehensive, integrated suite of ESG and climate risk solutions including ESG scores, analytics, Sustainability Ratings and Sustainable Finance Reviewer/certifier services. Moody’s ESG Solutions Group includes V.E and Four Twenty Seven, both affiliates of Moody’s. For more information visit Moody’s ESG & Climate Risk hub at www.moodys.com/esg.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210225006072/en/

Contacts

Moody’s ESG Solutions:
Lisa Stanton

MD-Global Sales Lead/ESG

+1 (415) 874-6000

Lisa.Stanton@moodys.com

Media inquiries:
Julian Knapp

VP, Communications

+44 (207) 772-1967

Julian.Knapp@moodys.com