Green2Green Single Risk: a pioneer insurance product by Euler Hermes to foster green economy

  • Paris, 24 November 2020 – Euler Hermes Transactional Cover Unit (TCU) has launched the Green2Green Single Risk credit insurance solution. This pioneering product will contribute to tackling climate change by insuring green transactions and investing the related premium in certified green bonds. 
  • The OECD estimates that EUR 6.35 trillion of new investment will be required each year to meet the Paris Climate Agreement goals by 2030. The participation of the financial sector is crucial, as public sector resources alone will not be sufficient to meet these goals.
  • Over the last few years, Euler Hermes has developed a strong in-house ESG expertise and a comprehensive approach to start the integration of environmental issues throughout its activities. The Group is now increasing these efforts with the Green2Green Single Risk insurance product’s unique approach in supporting TCU’s clients’ growing needs in the green finance sector.   
  • Supporting the energy transition through insurance for green transactions 
  • The Green2Green Single Risk solution focuses on providing insurance to green transactions, which will  be eligible based on a bespoke environmental evaluation. The initial sectors in scope are: renewable energy, energy efficiency, recycling, water treatment, and mass public transportation.
  • The Green2Green Single Risk solution is available to all TCU clients (being either banks, multilaterals or corporates). 
  • Isabelle Girardet, Global Head of Transactional Cover & Investment Solutions stated: “The opportunity to play a role in reaching our global climate objectives is an achievement for us and for our first two participating partners, Natixis and La Banque Postale. The reinvestment of premiums into green bonds provides our clients with recognition for contributing to the green economy, as well as tangible results for each party involved. We look forward to welcoming more bank partners and TCU clients on board.”
  • Establishing a virtuous “green cycle” 
  • Green2Green Single Risk insurance is particularly innovative and unique as it implements a virtuous “green cycle” with 100% of the generated investable premium invested back into the green economy. This investment comes in the form of certified green bonds, supporting new green projects and completing a green economic cycle. This approach is fully transparent with a certificate of investment issued by Euler Hermes Asset Management, ensuring the full traceability of the invested premium throughout the transaction tenor.
  • This product perfectly aligns with Euler Hermes’ ESG philosophy as we believe that creating a green economic ecosystem is a particularly effective way of driving the energy transition, while ensuring that each player can contribute to the fight against climate change. 
  •  “Most national governments have made strong commitments to transition to low carbon economies, and companies have a key role to play if we wish to meet the Paris agreements goals. Euler Hermes leads the way with a new pioneering approach thanks to the Green2Green Single Risk solution that establishes a virtuous green cycle. We believe that enabling a green value chain is a particularly effective way of supporting the green economy and accelerating the energy transition”, stated Florence Lecoutre, Member of the Board Management, in charge of Digital Transformation, Human Resources & ESG.
Euler Hermes TCU Green Credit Insurance: Enabling an entirely green value chain 


Media Contacts: 

Jefferson Correia 
+ 33 (0)1 06 79 79 84 31


Anaïs Agozo Ndelia 
+33 (0)1 53 92 80 10  

Mar 01, 2023

Allianz Chief Economist addresses the world’s ‘trade finance gap’ in keynote speech

The trade finance gap is an issue facing several businesses across the globe, including the UK, with many not aware of the solution trade credit insurance could bring.

Jan 09, 2023

New B2B BNPL partnership

A unique and pioneering global partnership between an insurer, a bank and a fintech. Allianz Trade, Santander CIB & Two partnered to develop a new B2B BNPL solution dedicated to large multinational corporates.

Jan 02, 2023

Allianz Trade – Outlook 23-24: Keep calm and carry on

Global growth is heading towards a recession, and global trade will continue to slow in 2023. In the UK will muddle through this year’s headwinds of high inflation, increased corporate risk and business insolvencies.

Jun 09, 2022

Allianz Trade and Two fixing online B2B trade

Two, the pioneering business-to-business (B2B) e-commerce payments platform, and Allianz Trade, the world leader in trade credit insurance, have formed a partnership

Jan 18, 2022

UK economic growth to outpace global average in 2022

Global trade will expand above the long-term average this year but will be disrupted by labour and supply chain bottlenecks, amplified by omicron in the first half of the year

Jun 03, 2021

First female CEO for Euler Hermes UK and Ireland

Euler Hermes has appointed Sarah Murrow as CEO of its UK and Ireland business, with effect from 1 June and subject to regulatory approval. Read more !

May 25, 2021

Changes in Board of Management and Regional Management teams

Euler Hermes, the world’s leading trade credit insurer, announces key changes in their Board of Management and Regional Management teams.

Mar 26, 2021

Media comment – Suez is not the only block to global trade

The Suez Canal disruption has the potential to cost the world economy up to $10bn in lost trade for each day. Read more !

Mar 12, 2021

Media comment – UK balance of trade

The combination of Covid-19 and Brexit will ultimately prove to be a long-term drag on growth. Exporters will be particularly hard hit. Read more !

Jan 12, 2021

Brexit could cost UK exporters £25bn as full Covid recovery pushed back to 2023

British exporters could lose out on as much as £25bn of trade in 2021 following Brexit and EU exporters could lose €10bn in 2H 2021. Read more!