Encouraging gradual and pragmatic alignment with the EU Taxonomy is a major step for accelerating the uptake of the EU Green Bond Standard and making it work, say
EIB s Fayolle on the challenges facing the EU climate bank eib.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from eib.org Daily Mail and Mail on Sunday newspapers.
Fifteen years ago, the European Investment Bank (EIB) issued the world’s first green bond. From that initial seed has grown a trillion euro market, spanning different financing formats, currencies, countries and issuers across the globe. But integrity is just as important as size. Concerted effort from the bank of the EU has helped the market evolve to prioritise impact over intent, turning use-of-proceeds bonds specifically into one of the most effective tools for promoting clarity in sustainability.
EIB: Already using EU legislation to facilitate sustainable investment globalcapital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcapital.com Daily Mail and Mail on Sunday newspapers.