Investor Presentaiton
Executive Summary
01 State of Berlin - Economy, Budget and Capital
Markets
• Core Political, cultural and tourist centre
GDP (2021): EUR 162.9bn
• Budget surplus in 2022 of EUR 947mn (preliminary)
• Benchmark issuer with an excellent credit rating
02 Sustainability Policy in Berlin
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2016: Berlin Climate Protection and Energy Transition Act
➤ Reduction of CO2 emissions by 95 percent by 2045
2023: Adoption of the 2nd Berlin Energy and Climate
Protection Program 2030 for implementation by 2026
03 Sustainability Bond Framework - State of Berlin
Alignment with market standards (ICMA GBP, SBP, SBG)
• Second Party Opinion provided by ISS ESG
• Publication of allocation and impact reports
04 State of Berlin - Inaugural Sustainability Bond
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February 2023 (anticipated size EUR 750mn)
Marketing at the end of January and expected issuance in
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Eligible green assets 2020-2022: EUR 224mn
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Eligible social assets 2022: EUR 620mn
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Expected allocation: approx. 25% (green) & 75% (social)
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Senate Department of Finance - Investor Presentation for Berlin's Inaugural Sustainability Bond - January 2023
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