Expenditure of the French sovereign green bond by sectors 2019
In order to meet the four objectives of mitigation, adaptation to climate change, biodiversity protection and pollution reduction, the French Green OAT (the first French sovereign green bond which was issued on 24 January 2017) finances programs in six major sectors. These sectors, which are defined in the Green OAT Framework, are the following: Building, Energy, Transport, Living resources, Pollution and Adaptation. Building seemed to be the most important category, since out of the 5.9 billion euros allocated in 2019, 1 765 million euros have been devoted to programs in this sector.
