Brussels raises sustainable finance ambition
The European Commission has identified six key areas to raise its ambitions in the field of sustainable finance. One of them is sustainable finance. To this end, it has drafted a regulation to establish a European standard for green bonds (EUGBS).
This proposal will be a voluntary standard available to all issuers to help finance sustainable investments. Green bonds are already being used to attract financing in sectors such as energy production and distribution, resource efficiency in housing and low-carbon transport infrastructure.