ESG: EU Green Bond Standard

We wrote recently on the updated Green Bond Principles published by the International Capital Markets Association ("ICMA"). While the ICMA and other industry bodies have so far been at the forefront of setting standards for ESG Bonds as we have also written about how the European Commission has now set out its own criteria with the publication of its proposed Green Bond Standard. 

This was part of a package of items the European Commission published at the same time relating to sustainable finance. The package included the Sustainable Finance Strategy, the Climate Neutrality Regulation and a Delegated Act supplementing Article 8 of the Taxonomy Regulation.

European Green Bond Standard