Green Funding
EDP is committed to a low carbon economy, in accordance with the Paris Agreement and the European Union's obligations. EDP has anticipated the transformation of the electricity sector and is today at the forefront of climate transition. EDP is committed to reduce Scope 1 and 2 emissions intensity in 95% by 2030, and to be Net Zero by 2040, resulting in a 90% reduction in all emissions.
EDP is tackling the challenge of decarbonisation on the generation side with its investment in renewable energies, from onshore and offshore wind to solar power, both on the scale of the public grid and decentralised generation.
EDP believes that green finance, and green bonds in particular, are an important tool to encourage the transition to a low-carbon economy, providing financial support to existing or new projects that aim to realise this transition.
Detailed information on EDP's Green Financing Strategy can be found below. The report on the allocation and impact of green revenues can be found in EDP's Integrated Annual Report.
Committed to a low carbon economy
EDP is addressing the decarbonization challenge from the generation side with its investment in renewables, from onshore and offshore wind to solar, both on utility scale and DG.
Green finance and green bonds
EDP believes green finance and green bonds in particular are an important tool to encourage the transition to a low-carbon economy, giving financial backing to existing projects or new ones aimed at bringing about this transition.
You can find below detailed information on the EDP's Green Funding Strategy. Allocation and impact reporting of green proceeds can be found in EDP’s Integrated Annual Report.
