With 44 votes in favour, 12 against and 3 abstentions, the European Parliament’s Committee on Economic and Monetary Affairs (ECON) adopted, on Monday 16 May, its negotiating position on the new rules for the European Green Bond (EuGB).
“These rules will bring order to the chaos in the green bond market. While the market doubles in size every 2 years, it is unclear how much of this money is actually used for the greening of our economy”, commented Paul Tang (S&D, Netherlands),...