The statistics speak for themselves when it comes to Crédit Agricole's 2020 performance in the green bond sector; the bank acted as lead manager on 29 green bonds totalling $3.2 billion ($3.8 billion), both numbers greater than any other lead manager.
In June 2020, Crédit Agricole CIB acted as a lead manager for a $450 million green bond issued by China Industrial Bank, with use of proceeds going towards sustainable water management and terrestrial and aquatic biodiversity conservation (thereby contributing to UN SDGs 6 and 14 respectively).
Commenting on the win, Christian Haller, head of debt capital markets for financial institutions at Crédit Agricole CIB, said: "As a firm believer and pioneer in sustainable finance, we are delighted to see banks recognising their role in tackling the greatest challenge of our times – climate change."