Green Bond Fact SheetWest Berkshire Council

Date: 28/07/2020

Issue date: 16-07-2020 Maturity date: 16-07-2025 Tenor: 5Issuer nameWest BerkshireCouncil

Amount issued

GBP1m/USD1m

Country of riskUK

CBI Database

Included

Issuer type1

Local Government

Bond type

N/A

Green bond framework

N/A

Second party opinion

N/A

Certification Standard

Not certified

Assurance report

N/A

Certification verifier

N/AGreen bond rating

N/A☒ Energy☒ Solar☐ Onshore wind
☐ Offshore wind
☐ Geothermal☐ Hydro☐ Tidal☐ Biofuels☐ Bioenergy☐ District heating☐ Electricity grid

☐ Energy storage☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Buildings☐ Certified Buildings☐ HVAC systems☐ Energyperformance☐ Water performance☐ Energy storage/meters☐ Other energy related☐ Industry: components☐ Adaptation & resilience☐ Transport☐ Electric vehicles☐ Low emission
vehicles☐ Bus rapid transit☐ Passenger trains☐ Urban rail

☐ Freight rolling stock☐ Coach / public bus☐ Bicycle infrastructure☐ Energy performance☐ Transport logistics☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Water & wastewater☐ Water distribution☐ Water treatment☐ Wastewatertreatment☐ Water storage☐ Storm water mgmt
☐ Flood protection☐ Desalinisation plants☐ Erosion control☐ Energy performance☐ Infrastructure☐ Industry: components☐ Adaptation & resilience☐ Waste management☐ Recycling☐ Waste prevention☐ Pollution control☐ Landfill, energy capture☐ Energy performance☐ Infrastructure☐ Waste to energy☐ Industry: components☐ Adaptation & resilience

Use of Proceeds☐ Land use & agriculture☐ Afforestation/parks☐ FSC Forestry☐ FSC Cellulose &paper☐ Land remediation☐ Energy/water efficiency☐ Sustainable agriculture☐ Adaptation & resilience☐ Other☐ Adaptation &resilience☐ ICT☐ Industry: process

Issue details
Reporting

There is no reporting commitment stated.

Company information

West Berkshire Council is the local authority of West Berkshire in Berkshire, England andwas created in 1972 and renamed to its current name in 1998. West Berkshire is divided
into 30 wards, electing 52 councillors. There is an environment strategy in place to makethe district carbon neutral by 2030.

Firsts, records andcertifications

This is the UK's first local government green bond.

Proceeds description

The funds will go towards solar panel installations on five council-owned buildings such asGreenham Common and local schools.

Climate Bonds view

This bond was issued under a Community Municipal Investment framework with an
ethical investment platform. It is likely that there will be more such deals in the futurewith more UK local authorities aiming to green the economy. The scheme is made forcrowdfunding and is open to public: minimum investments start from GBP5. This helps
to make green bond investing more accessible to individuals and significantly broadens
the set of potential investors. We welcome such innovative programmes and hope to
see more in the future.

Underwriters
Deal comments
Credit rating
Pricing summary
Investors summary

1Issuer categories: ABS, development bank, financial corporate, government-backed entity, loan, local government, non-financial
corporate, sovereign