EU panel calls for European green bond standard, duty of sustainability

By Jon Hay
13 Jul 2017

A European green bond standard and a classification system for sustainable assets were two of the suggestions issued on Thursday by a group of experts advising the European Union on how to make the financial system sustainable — one of the commitments in the Paris Agreement, writes Jon Hay.

This is music to the ears of many green bond specialists. “Every man and his dog is saying ‘just tell me what’s green’,” said Sean Kidney, chief executive of the Climate Bonds Initiative, an NGO that promotes green bonds, based in London. “It can make life easier for ...

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