Africa > Sustainability-linked loan issued to European utility for achieving SBTi-aligned target

Sustainability-linked loan issued to European utility for achieving SBTi-aligned target

Published 16:36 on January 8, 2024  /  Last updated at 16:36 on January 8, 2024  / /  Africa, Americas, Asia Pacific, EMEA, International, Voluntary

The private sector arm of the World Bank has today announced the provision of a green and sustainability-linked loan to a European utility actively rolling out renewable energy in emerging markets, with one of the key provisions being that the company achieves its emissions-reduction trajectory as validated by the Science Based Target Initiative (SBTi).
The private sector arm of the World Bank has today announced the provision of a green and sustainability-linked loan to a European utility actively rolling out renewable energy in emerging markets, with one of the key provisions being that the company achieves its emissions-reduction trajectory as validated by the Science Based Target Initiative (SBTi).


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.