SustainaWeekly - Sharply lower GHG emissions in Q1 2022 in the Netherlands
In this edition of the SustainaWeekly, we start by the latest emission data from the Netherlands. Annualised greenhouse gas emissions decreased in Q1 2022. The Netherlands has a low share in total greenhouse gas emissions but a relatively high CO2 emission intensity. We go on to the reopening of the green Dutch State Loan which was a success. Meanwhile, we look into the emissions for the mobility sector in the Netherlands. Cars are the biggest emitter of road transport and will also do the heavy lifting in reducing greenhouse gas emissions. But the other categories in the mobility sector also need to reduce emissions to meet the government target.
Co-author: Jolien van den Ende
Economics Theme
Greenhouse gas (GHG) emissions decreased year-on-year in the first quarter of 2022, partly due to high gas prices, higher average temperatures and more sustainability measures. In almost all sectors, GHG emissions decreased in the first quarter of 2022 compared to 2021, except in the mobility sector where the increase in emissions remains stable.
ESG Bonds
DSTA reopened its inaugural green bond, which is fully aligned with the updated EU Taxonomy on the 14 June. There was strong investor demand for the green DSL with final book size of almost EUR 14bn. Almost one-fifth of the deal went to dedicated green investors.
Company & Sector news
The mobility sector in the Netherlands is responsible of 18% of total greenhouse gas emissions. Road transport is emitting around 85% of GHG emissions of mobility. Cars are the biggest emitter of road transport. Even though cars will do the heavy lifting in reducing emissions, the mobility sector needs to reduce another 5.6 megaton greenhouse gasses to meet the target of the new government for 2030.
ESG in figures
In a regular section of our weekly, we present a chart book on some of the key indicators for ESG financing and the energy transition.