Congratulations to Nordic Investment Bank  on their Nordic-Baltic Blue Bond!

The five-year SEK 1.5bn blue bond is launched under the NIB Environmental Bond Framework and focuses on investments within water resource management and protection. Danske Bank is proud to have acted as joint bookrunner on the transaction.

The Nordic–Baltic region is rich in water resources, but human activity and new types of pollution are putting increasing pressure on water environments. The Baltic Sea has particularly been affected by eutrophication due to the high levels of nitrogen and phosphorus discharge that result in excessive plant and algae growth.

Therefore, investments in wastewater treatment will be a necessity for sustainable urban development in the future. Eligible projects include wastewater treatment, prevention of water pollution and water-related climate change adaptation.

Read more in NIB's press release here.