The Société du Grand Paris (SGP) is a state-owned industrial and commercial company (French EPIC, not subject to the law on private sector bankruptcies), created by the Grand Paris Law of 3 June 2010 and tasked primarily with designing and developing the overall scheme and infrastructure projects for the Grand Paris public transport network and carrying the project through to completion. Grand Paris is defined as "an urban, social and economic project of national interest" that aims to promote "sustainable, inclusive and job-creating development of the capital region" so as to strengthen its attractiveness and competitiveness with respect to other global cities. SGP's aims to deliver the network before 2030.
The Société du Grand Paris (SGP) Green Bond Programme is fully dedicated to financing the new Grand Paris Express electrified and automatic metro, including the construction of new lines and line extensions: almost 200 km of new automatic metro lines supplementing the 400 km of existing lines in the Île-de-France region; Construction and development of 68 new stations and 7 technical centres.
The project aims to improve mobility in the Île-de-France region and generate a modal shift from private car to public transport. It contributes to the development of soft mobility options such as walking or cycling. This will enable a reduction in use of cars and decrease the associated emissions. One of the project’s objectives is to fight 'urban sprawl', thereby opposing urbanisation and reducing the challenge of meeting mobility needs in a more dense urban area.
The Grand Paris Express projects is presented as key element of the French Government Climate Plan, with energy efficiency being a crucial objective of the Grand Paris Express project.