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EU’s Green Bonds Will Avoid Bloc’s Own ‘Gold Standard’ Rules

Bloomberg reports that bloc will carry on with existing framework since sales ongoing. Failing to align with own rules risks slowing use of standard.
EU’s Green Bonds Will Avoid Bloc’s Own ‘Gold Standard’ Rules
The European Union’s flagship green bond program won’t abide by the bloc’s new rules for environmentally-friendly debt. The bloc started selling such securities in 2021, before the voluntary European Green Bond Standard was finalized, to fund projects through to 2026. Due to the fixed nature of that timeframe and the fact that bond sales are already underway, its original green... ...

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