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  

Jan 18, 2022 | News

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 | News

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!

Dec 30, 2020

Government extends shield to sustain UK trade

The UK government, the Association of British Insurers (ABI), Euler Hermes – the world’s leading trade credit insurer – and other underwriters have agreed to extend the landmark State Support Scheme to protect intercompany trade into 2021.

Nov 24, 2020 | News

Green2Green Single Risk: a pioneer insurance product

Euler Hermes has launched pioneering product will contribute to tackling climate change by insuring green transactions and investing in certified green bonds.

Oct 01, 2020

Euler Hermes Group announces CEO leadership change

Wilfried Verstraete, CEO and Chairman of the Board of Management, has decided to step down from his operational duties after twelve successful years in the role

Aug 21, 2020

First by your side for the road ahead

We have strengthened and enhanced our tools and are also developing new technologies to help our partners connect the dots and act early.