(Source: European Commission)
What is the Commission proposing?
The Commission is proposing today a Regulation to create the “European Green Bond Standard” or “EUGBS”. The EUGBS is intended to be a voluntary “gold standard” for green bonds. Use of the standard would allow companies and public bodies to more easily raise large-scale financing for climate and environmentally-friendly investments, while protecting investors from greenwashing. The standard will use the detailed definitions of green economic activities in the EU Taxonomy to define what is considered a green investment.
What are the key features of the European Green Bond Standard?Inclusive: It will be…