The proposed EU standards aim to bring clarity to the swelling green bond market.

 The proposed EU standards aim to bring clarity to the swelling green bond market.

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NS Draft EU Green Bond Standards Among international issuers who seek to strengthen Europe’s leadership in the green bond market by creating European standards, but cannot comply with the strict new rules of the block that define what “green” is. Then, you may see only limited charm.

Proposals born in 2019 Recommendations The EU Advisory Group aims to create what the EU calls the “gold standard” for the market. The proposed EU green bond standards are optional, but their requirements are more stringent than existing market guidelines. In particular, under the proposal, issuers opt-in to the standard need to demonstrate that green bonds are funding projects that are in line with the EU’s “green taxonomy,” a dictionary of…

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