“TheEuropean Green Bond Standardproposal will create a high-quality voluntary standard for bonds financing sustainable investment.Issuers will have a recognised way of demonstrating that they are funding green projects aligned with the EU Taxonomy. Investors will be better able to ascertain that their investments are sustainable, thereby reducing the risk of greenwashing.”
[COMMENTARY]This new standard sounds great. We’ll have to see in practice how it works out. If successful, it could, in short order, become the global standard for green bonds.
ESG: EU Green Bond Standard, by Richard Kelly, July 27, 2021, Ireland.