Accountancy Europe: EC’s consultation on the establishment of an EU Green Bond Standard
05 October 2020
There is lack of clarity of definitions (what constitutes ‘green’) and not all investors and issuers arecomfortable with investments/bonds that may not be green.
Equally, there is an interest to invest in green bonds, but there is insufficient quantity of quality products. By having a well-defined standard, a number of quality projects/products could be increased, but also definitions can be clarified by referencing to the EU Taxonomy. Such a standard however should be expanded to also accommodate projects/products (‘grey’ assets) that do not necessarily fall into a ‘green’ category, but significantly contribute to a transition to a green economy.
© Accountancy Europe
