tbli nordic 2015 - huib-jan de ruijter - fmo

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SUSTAINABILITY BONDS THE DUTCH DEVELOPMENT BANK 15.06.2015 www.fmo.nl

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Page 1: TBLI NORDIC 2015 - Huib-Jan de Ruijter - FMO

SUSTAINABILITY BONDSTHE DUTCH DEVELOPMENT BANK

15.06.2015 www.fmo.nl

Page 2: TBLI NORDIC 2015 - Huib-Jan de Ruijter - FMO

I. ABOUT FMO

Page 3: TBLI NORDIC 2015 - Huib-Jan de Ruijter - FMO

VISION AND MISSION

We believe in a world in 2050 where 9 billion people can live well and within the boundaries of the planet. In pursuit of this vision our mission is to empower entrepreneurs to build a better world.

Page 4: TBLI NORDIC 2015 - Huib-Jan de Ruijter - FMO

Our ambition is to become the leading impact investor by doubling impact and halving footprint by 2020.

4

STRATEGY

Page 5: TBLI NORDIC 2015 - Huib-Jan de Ruijter - FMO

II. SUSTAINABILITY BONDS

Page 6: TBLI NORDIC 2015 - Huib-Jan de Ruijter - FMO

Senior unsecured bonds issued under FMO’s Debt Issuance Programme:

Green projects e.g.: - Climate change mitigation - Climate change adaptation

Inclusive finance projects: - Microfinance

FMO ESG policy and integrated approach

SUSTAINABILITY BOND FRAMEWORK

Page 7: TBLI NORDIC 2015 - Huib-Jan de Ruijter - FMO

1. Use of Proceeds

2. Process for Project Evaluation and Selection

3. Management of Proceeds

4. Reporting

GREEN BOND PRINCIPLES

Page 8: TBLI NORDIC 2015 - Huib-Jan de Ruijter - FMO

▪ Eligibility criteria documented in the Final Terms

▪ Eligible green projects ‒ Renewable energy ‒ Energy efficiency

▪ Eligible inclusive finance projects ‒ Microfinance Institutions

▪ EUR 463 million disbursed as per December 2014

Disbursements per category (EUR mln)

PRINCIPLE 1: USE OF PROCEEDS

87

376

37

AvailableDisbursed, greenDisbursed, inclusive

202

104

78

79

Eastern Europe & Central AsiaLatin America & CarribeanAfricaAsia

Page 9: TBLI NORDIC 2015 - Huib-Jan de Ruijter - FMO

PRINCIPLE 2: GREEN PROCESS

* Inclusive finance only entails microfinance

Page 10: TBLI NORDIC 2015 - Huib-Jan de Ruijter - FMO

NewsletterAnnual Report

PRINCIPLE 4: REPORTING

Page 11: TBLI NORDIC 2015 - Huib-Jan de Ruijter - FMO

PRINCIPLE 4: REPORTING

Project disclosure

Page 12: TBLI NORDIC 2015 - Huib-Jan de Ruijter - FMO

▪ Strong internal expertise

▪ Excellent reporting

“FMO's expertise in areas of project selection and measurement make it highly likely that assets selected for the Sustainability Bond will have a strong impact in the areas of climate change mitigation, climate change adaptation and inclusive finance”  

“FMO’s reporting will be very detailed and transparent, which will provide investors clarity about the bond investments”  

“SUSTAINALYTICS CONSIDERS FMO’S SUSTAINABILITY BOND TO BE ROBUST, CREDIBLE AND TRANSPARENT”

SECOND OPINION BY SUSTAINALYTICS