Region Wallone
Namur, Belgium| Invested through |
|
|---|---|
| Asset Classes | Impact bonds |
| Impact strategy | Impact Equities and Bonds |
| ISIN code | BE0002956374, BE0002922038, BE6313645127 |
| Aligned with SDGs |
Wallonne is one of the three Regional Authorities of Belgium. It is the largest region with 3.6 million inhabitants. The region is primarily French-speaking, with a minority German-speaking area in the eastern part of the region. Wallonne used to be an industrial powerhouse with strong mining industry. Since WW2, the region has declined economically and now suffers from high unemployment with a significantly lower GDP per capita than Flanders.
Triodos invests in regional government bonds from EU member states and the UK. We only select subsovereigns from countries that have no involvement in international sanctions, and that have signed and ratified international conventions on controversial weapons, human rights, labour rights, and the environment. This includes the International Labour Organization (ILO) conventions (e.g. on child labour, and forced labour), the international convention on civil and political rights, the biological and chemical weapon conventions, the non-proliferation of nuclear weapons treaty, the Paris Climate Agreement, and the convention on biological diversity, amongst others.
Investment rationale
Issued by the regional government of Wallonia, the bonds finance both green and social projects in the Belgian region of Wallonia.
The green projects include renewable energy, energy efficiency & low carbon buildings, sustainable mobility, climate adaptation and biodiversity. The social projects include education & employment promotion, affordable housing and access to essential services and public infrastructure.
BE0002956374 (green bond)
95.0% of proceeds is allocated to the Energy Transition, 4.0% of proceeds is allocated to the Food Transition and 1.0% of proceeds is allocated to the Resource Transition.
BE0002922038 (social bond)
38.3% of proceeds is allocated to the Societal Transition, 30.5% of proceeds is allocated to the Energy Transition, 28.5% of proceeds is allocated to the Wellbeing Transition and 2.7% of proceeds is allocated to the Resource Transition.
BE6313645127 (sustainability bond)
39.5% proceeds is allocated to the Societal Transition, 27.3% of proceeds is allocated to the Wellbeing Transition, 20.4% is allocated to the Energy Transition, and 2.7% is allocated to the Resource Transition.