EU agrees world’s first bond issuance rules to combat greenwashing.
“The European Union said on Wednesday it had reached a deal on the world’s first set of comprehensive rules for issuing green bonds to meet the bloc’s net zero goals, although compliance will be on a voluntary basis.”
[COMMENTARY] This is great news. These green bond requirements may well become a global standard. It’ll be fascinating to see whether the bonds meeting this standard trade at a premium relative to other bonds. Such bonds might be less costly to issuers, too.
EU agrees world’s first bond issuance rules to combat greenwashing, by Huw Jones, March 1, 2023, Reuters, UK.