A Greener Yardstick?: Navigating the EU Green Bond Standard
APRIL 6, 2020
In early March, the Technical Expert Group mandated by the EU Commission published a usability guideline to accompany its proposal for the EU Green Bond Standard (EU GBS) and finalised its EU Taxonomy recommendations. The EU GBS still needs to be formalised. While the proposal has overall received positive market resonance, a number of questions remain: What lessons can be gleaned on how to qualify sustainable assets and strategies? Who should start using it and when? And most importantly, what does it mean for the overall sustainable bond market and will enough room remain for innovation?