• FrançaisFrançais
Impactant
  • Market insights
No Result
View All Result
  • Login
impactant.
  • Market insights
No Result
View All Result
impactant
No Result
View All Result
Is the EU Green Bond Deal a viable sustainable gold standard or an unfeasible proposition?

Is the EU Green Bond Deal a viable sustainable gold standard or an unfeasible proposition?

ImpactDigger by ImpactDigger
March 12, 2023
in Carbon market
Reading Time: 2 mins read
0
Share on FacebookShare on Twitter

The European Union (EU) has reached a provisional deal to establish new rules for green bond issuance alongside its net-zero goals. EU Lawmakers announced the European Green Bonds standard to help companies and public authorities to raise funds on capital markets while meeting rigorous sustainability requirements and protecting investors from greenwashing. Green bonds look to raise capital for use in projects or activities with specific climate or environmental sustainability purposes. The market has expanded in numerous dimensions; in 2022, green bond issuance reached $478.1bn, and together with other related labelled bonds (including social, sustainability, sustainability-linked bonds, and transition bonds), they account for a 5% total market share.

However, the complex and disparate regulatory landscape underlying prevalent greenwashing concerns, expressed by both regulators and investors. The EU’s drive to establish a green bond standard that simplifies the market-place for both investors and regulators, and reduces opportunistic greenwashing. The provisional requirements issuers will have to comply with to use the European Green Bond label, positioned as a voluntary gold standard. Organised around an explicit commitment to the net-zero transition, the EU Green Bond framework coalesces around three central tenets: transparency, external reviewers, and flexibility. EuGB Critiques highlight a mismatch between ambition and usability, particularly in reference to the taxonomy. The lack of international applicability supports doubts over the EuGB standard’s uptake, which commentators say ultimately won’t be solved until taxonomy usability challenges are addressed. However, the EuGB proposal correctly addresses the central ambitions: to simplify the landscape for investors, give issuers confidence they are bringing the right investors on board, drastically reduce the risk of greenwashing, and move the green bond market closer to a global standard. Despite the critiques, the EuGB standard is a game-changer for green finance and generates bankable projects for sustainable development.

Source link

You might also like

Vistech has been awarded triple gold by the National Security Inspectorate for its outstanding security measures.

Vistech has been awarded triple gold by the National Security Inspectorate for its outstanding security measures.

October 3, 2023
0
Vistech Services has been acknowledged for its exceptional security standards.

Vistech Services has been acknowledged for its exceptional security standards.

October 2, 2023
0
ImpactDigger

ImpactDigger

Related Stories

Vistech has been awarded triple gold by the National Security Inspectorate for its outstanding security measures.

Vistech has been awarded triple gold by the National Security Inspectorate for its outstanding security measures.

by ImpactDigger
October 3, 2023
0
0

Vistech Services, a security company based in Middlesbrough, has achieved three gold standard certifications from the National Security Inspectorate (NSI)....

Vistech Services has been acknowledged for its exceptional security standards.

Vistech Services has been acknowledged for its exceptional security standards.

by ImpactDigger
October 2, 2023
0
0

Vistech Services, a security company based in Middlesbrough, has recently gained recognition for its commitment to high security standards. The...

It has been suggested that the forest carbon offsets used by companies such as Shell, Salesforce, and others are largely ineffective and of little value.

The request has been denied

by ImpactDigger
October 2, 2023
0
0

The content at the provided link cannot be accessed due to permission restrictions on the server. The reference number for...

In my opinion, if implemented effectively, China’s new voluntary carbon credit market has the potential to bring about significant changes.

In my opinion, if implemented effectively, China’s new voluntary carbon credit market has the potential to bring about significant changes.

by ImpactDigger
October 1, 2023
0
0

China's voluntary carbon market is set to become a major player in advancing regional efforts to achieve net-zero targets. The...

Next Post
How can South Korea catch up with global efforts to reduce greenhouse gas emissions?

How can South Korea catch up with global efforts to reduce greenhouse gas emissions?

  • Market insights
Contact us for more info

© 2022 Mathieu - Enjoy my carbon intelligence tool 😉.

No Result
View All Result
  • Market insights
  • FrançaisFrançais
  • Login
  • Cart

© 2022 Mathieu - Enjoy my carbon intelligence tool 😉.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?