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04 July 2022

EBF position on the latest developments concerning the Commission proposal for a European Green Bond Standard


The EBF welcomes the proposal for a voluntary EU Green Bond Standard and encourages co-legislators to consider the EBF’s recommendations ...

 ... aimed at ensuring a coherent and uniform framework that will facilitate investors’ ability to identify green bonds aligned with the EU Taxonomy while allowing best-in-class issuers to provide evidence of the green nature of their bonds.

  • The European green bond standard should be employed on a voluntary basis as to ensure that stakeholders are provided the opportunity to choose between existing standards which reflect their specific needs. Recognising the diverse needs of both issuers and investors will allow the European market to continue leading in terms of volume of green bond issuance
  • The future regulation should provide legal certainty for both issuers and investors, allowing green bonds issued under the EU GBS to maintain such designation until maturity
  • It is fundamental to ensure that the upcoming regulation be aligned and take into consideration other legislative developments in the sphere of sustainable finance. With legislative developments moving at a quick pace in this area, legislators must consider the entire landscape to foster a functioning and efficient system

Full Paper

EBF



© EBF


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