A unique opportunity for change in the energy sector

A unique opportunity for change in the energy sector 6 Citi is a global leader in advising, financing and catalyzing sustainable business models and driving the transition to a net-zero emissions global economy. In fact, We have our own goals around advancing solutions which address climate change and have set 2025 goals around low-carbon transition and climate risk. Citi has seen an increase in the number of firms exploring financing that supports a green initiative or is specifically aimed at encouraging more environmentally friendly activities. Banks can be key agents for change as interest in these financing tools takes hold. Indeed, the market for green financing is gaining strength — with global green bond and loan issuance reaching US$257.7bn in 2019 — and corporations of all types are adapting their investment and growth decisions in order to qualify for this new type of financing. 1 ESG Inspired Financing Trade loans linked to an ESG metric which is measurable (can be verified by a third party) and with a pricing mechanism (premium or a discount) based on the performance against the ESG metric. ESG deposit options with liquidity used to finance sustainable development goals. Green bonds used to fund ESG-linked projects including renewable energy, energy efficiency, and recapture projects. 1 https://www.climatebonds.net/files/reports/2019_annual_highlights-final.pdf