On Tuesday 7 September, the European Commission adopted a ‘Green Bond framework’ which has been subject to an independent evaluation.
This step is a prelude to a green bond issue of up to €250 billion, or 30% of the total issue of the EU’s economic recovery plan, ‘Next Generation EU’.
The Green Bond framework guarantees investors that the funds raised will be allocated to green projects and that the Commission will report on the environmental impact of these projects.
Now that...