French financial services firm Natixis has become one of Euler Hermes’ first partners in the binding of its new Green2Green policy, a credit insurance solution that insures green transactions and invests the premium in certified green bonds.

The Green2Green Single Risk credit insurance product was first launched in November, leveraging the firm’s in-house ESG expertise. The solution implements a virtuous ‘green cycle’ with 100% of the generated investable premium invested back into the green economy in the form of certified green bonds.

“Partners such as Natixis are ready to make a difference in the fight against climate change and we are thrilled to welcome them as one of the first participating partners in this important program. As a lead banking client, we are a strong supporter of Natixis’ business and are excited about the developing interest in this product. Through our Green2Green solution, Natixis will participate in establishing a virtuous green cycle by investing back into the green economy. Enabling a green value chain is a significant step forward in accelerating the energy transition,” said Christophe White, head of transactional cover at Euler Hermes.

The Green2Green Single Risk credit insurance solution is initially targeted at the renewable energy, energy efficiency, recycling, water treatment and mass public transportation sectors.

The partnership was supported by BPL Global and Howden Broking Group.

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