Kubusbank Gelderland: Boosting the Regional Economy Through Sustainable Financing

An Overview of the Kubusbank Gelderland

Kubusbank Gelderland is a unique and innovative financial institution established in the Dutch province of Gelderland. It aims to stimulate sustainable economic growth in the region by providing loans and investments to businesses that align with its environmental, social, and governance (ESG) criteria.

Launched in 2020, Kubusbank Gelderland is a collaboration between the province of Gelderland, the European Investment Bank (EIB), and a consortium of local banks, including Rabobank, ING, and ABN AMRO. The bank's mission is to bridge the funding gap for sustainable businesses and projects that often face challenges in accessing traditional financing.

Modus Operandi: Sustainable Lending and Investment

Kubusbank Gelderland operates under a strict set of ESG criteria to ensure that its investments contribute positively to the region's sustainability goals. The bank focuses on financing projects in areas such as renewable energy, energy efficiency, circular economy, and sustainable agriculture.

The bank provides a range of financial products tailored to the needs of SMEs and mid-sized companies, including loans, guarantees, and equity investments. Kubusbank Gelderland also offers advisory services to help businesses develop and implement sustainable business practices.

Impactful Results: Driving Sustainable Growth

Since its inception, Kubusbank Gelderland has made a significant impact on the regional economy. The bank has provided over €200 million in financing to more than 200 businesses, creating over 1,000 jobs.

Some notable projects financed by Kubusbank Gelderland include:

• A solar park in Arnhem that generates enough electricity to power over 1,000 homes.
• A sustainable dairy farm that uses innovative technologies to reduce its environmental footprint.
• A food processing plant that specializes in producing organic and locally sourced products.

Conclusion: A Model for Sustainable Finance

Kubusbank Gelderland is a shining example of how sustainable finance can be used to drive economic growth and create positive social and environmental outcomes. The bank's innovative approach has not only provided much-needed funding for sustainable businesses but has also raised awareness about the importance of ESG criteria in financial decision-making.