Crédit Agricole Corporate and Investment Bank

The Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) is an international commercial bank headquartered in France, with experience in corporate and investment banking and a presence in 33 countries, covering Africa, Latin America and the Asia-Pacific region, among others. Crédit Agricole CIB has a well-established track record in implementing private and public sector investment opportunities. Climate change is a key focus of its group policy as it is one of the 10 founding banks of the Equator Principles and one of the four banks that initiated the Green Bond Principles in 2013. In 2014, Crédit Agricole CIB committed to arrange more than US$ 20 billion in new structured financing by the end of 2015 to combat climate change, as well as to measure and disclose the carbon footprint of its financing portfolio. In particular, it has financed and managed sustainable development initiatives in the areas of renewable energy, sustainable transport solutions, certified green buildings and water supply. In the past year, Crédit Agricole CIB has financed 85 renewable energy projects worth US$ 2.7 billion. Crédit Agricole CIB sought accreditation to the GCF in order to contribute to the objectives of the GCF by mobilizing funds through a variety of instruments, structuring capabilities to explore and develop new schemes facilitating the financing of climate-related projects in developing and vulnerable countries, and ultimately enhancing beneficiary countries’ awareness, ownership and implementing capacities.