Water management
The green loan also includes afforestation of 50 hectares in one of the catchment areas for groundwater protection. The area contributes annually with 325,000 m³ of groundwater and afforestation forms part of a targeted environmental initiative that aims to increase the share of urban state forests in Denmark. The varied deciduous forest ‘Lundager Skov’ is being planted in 2021 and will provide new opportunities for outdoor life for local citizens.
Green loan category
The water management green loan category covers new investments in and ongoing maintenance of water collection, treatment, recycling, cleaning, reuse, technologies and related infrastructure. KommuneKredit has disbursed 292 green loans of almost DKK 7 billion in total from 2017-2020
Disbursed green loan from KommuneKredit in 2020: DKK 20 million.
Expected environmental impacts:
▪ Secure future supply of clean drinking water.
▪ Protection of groundwater.
▪ Increase share of urban state forest.
Primary EU environmental objective
Sustainable use and protection of water andmarine resources.