25/05/23 (Agence Europe) – On Thursday 25 May, MEPs in the Committee on Economic and Monetary Affairs approved, by 39 votes in favour, four against and five abstentions, the provisional agreement with the Council of the EU on the creation of European Green Bonds (EuGB). This agreement, reached at the end of February (see EUROPE 13132/17), is part of the strategy to finance ‘sustainable’ growth and the transition to a climate-neutral and resource-efficient economy. Aligned with the EU taxonomy, this standard should enable investors to direct their investments with greater confidence towards more sustainable technologies and companies. The agreement still needs to be validated by the full European Parliament in a plenary vote and by the Council of the EU. (AD)