---
id: 11728
title: "Région Île-de-France: Best Green Bond Thought Leadership Team Global 2023"
award_year: 2023
published: 2023-08-08 16:03:07
published_gmt: 2023-08-08 15:03:07
author: "CFI.co Editorial"
url: "https://cfi.co/awards/europe/2023/region-ile-de-france-best-green-bond-thought-leadership-team-global-2023/"
categories: ["Best Practice", "Europe", "Finance", "Sustainability"]
content_class: award_rationale
independence_status: independent_editorial
sponsor_disclosure: none
editorial_lens: constructive_positive_lens
historical_status: current_at_publication
correction_status: none
archive_policy: no_delete
provenance_layer: github_versioned
wayback_status: archived
wayback_first_snapshot: 20230923173732
wayback_snapshot_url: "http://web.archive.org/web/20230923173732/https://cfi.co/awards/europe/2023/region-ile-de-france-best-green-bond-thought-leadership-team-global-2023/"
license: CFI-OAAL-1.0
content_sha256: be73d0d55e901c5de6cf687019fa5a63c9f6aa2a43603226c3e158928176858c
canonical: 11728-region-ile-de-france-best-green-bond-thought-leadership-team-global-2023.json
---
# Région Île-de-France: Best Green Bond Thought Leadership Team Global 2023
> Verbatim archived copy. Canonical machine record: `11728-region-ile-de-france-best-green-bond-thought-leadership-team-global-2023.json`.
The Île-de-France region, which surrounds the nation’s famed Parisian capital, serves public needs with a €5bn budget and a workforce of more than 10,000 professionals. The region is committed to completely covering its financing needs via green and sustainable bonds. Since 2012, it has issued 11 green and sustainable bonds totalling €5.2bn. Now, 85 percent of the region’s debt derives from green funding, which should account for all its debt by the 2027/28 fiscal year. Île-de-France updated its green and sustainable investment framework in 2021. Last year, it launched a €133m resilience fund to erase debt for more than 7,000 regional MSMEs struggling to recover from the pandemic. Île-de-France bonds are regarded as best-in-class investments. Last year’s call for a €700m bond resulted in a €1.4bn order book, attracting support from 62 investors in 14 countries. Austria, Germany, Switzerland and France represented over 71 percent of the orderbook. Île-de-France issued a €600m sustainability bond in January 2023 that was nearly fourfold oversubscribed at €2.3bn (attracting 94 investors from 15 countries). Île-de-France was ranked by the extra-financial rating agency Vigeo-Eiris among the top three European regional authorities for its sustainability performance. The region will publish a new green budget to highlight the environmental and social priorities of 2024. Target areas include climate action, clean transport, renewable energies, ecological transition, circular economies, territorial cohesion, sport, disability and autonomy. The CFI.co judging panel announces the Région Île-de-France as the 2023 global award winner for Best Green Bond Thought Leadership Team.