Building a climate-neutral, green, fair and social Europe is one
of the four main priorities set out by the European Council in its
strategic agenda for 2019-2024 (the EC Agenda). According to the EC
Agenda, the success of the green transition "will depend on
significant mobilisation of private and public investments, on
having an effective circular economy, and an integrated,
interconnected and properly functioning European energy
market".
The main green initiatives in Europe
Both stakeholder associations and the European Union have
introduced various initiatives to facilitate the green transition
in the financial markets.
- the market conventions adopted over
time aimed at enabling access to debt capital markets in order to
fund projects with a positive environmental impact (Green
Projects). The main market convention is the Green Bond Principles
adopted by the International Capital Markets Association (ICMA) and
built on best market practices (GBP);
