SaarLB

The Bank has specialised in the financing of wind power photovoltaic projects. The Bank has launched an issue programme for green bonds to this end. This is part of SaarLB's sustainability programme and will contribute to the further expansion of SaarLB's position in renewable energies and climate protection. The proceeds from the issue of SaarLB's green bonds are used exclusively for eligible or suitable projects within the meaning of the green bond principles, which fall into the category of "renewable energies". Specifically, SaarLB finances the acquisition, construction, development and installation of units for the generation of renewable energy as well as the connection to the electricity grid, including long-term operation. With these projects, SaarLB contributes to the fulfilment of the UN Sustainable Development Goals (SDGs) by preventing or reducing CO2 emissions and increasing the share of renewable energies in the global energy mix. The projects are also in line with the EU Action Plan for Financing Sustainable Growth, as they contribute to the EU environmental objective of mitigating climate change. The objective is to increase the supply of wind and solar energy and thus avoid CO2 emissions. Target 7: Affordable and clean energy