EBF position on the latest developments concerning the Commission proposal for a European Green Bond Standard
04 July 2022
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
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