Product wrap: French distributor promotes efficient water management

EUROPE BNP Paribas Fortis collected €2.4m with Climate Care Note 2026/2 in Belgium. The six-year medium-term note (MTN) participates 130% in the upside performance of the Solactive Ethical Europe Climate Care Low Carbon Index. The note is not a green bond, however, BNP Paribas Fortis Funding (the issuer) pays 0.23% of the structuring costs it receives to Reforest’Action, a social enterprise founded in 2010 which makes it possible for individuals and companies to help with the refores