The European Commission revealed in July a European Green Bond Standard (EGBS) proposal, aimed at making the EU’s financial system more sustainable.

This proposal would create a high quality, voluntary standard for bond financing for sustainable investing. Specifically, the intention of the EGBS is to set a “gold standard” for companies and public authorities to issue green bonds on capital markets in order to fund investments, while at the same time adhering to tough sustainability-linked requirements.

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