ESMA supports supervision of green bond raters

By Jasper Cox
05 Oct 2020

Steven Maijoor, chair of the European Securities and Markets Authority (ESMA), has said EU legislation covering green bond reviewers would help ensure the legitimacy of the proposed Green Bond Standard.

The European Commission's Technical Expert Group (TEG) on Sustainable Finance produced a "usability guide" for a Green Bond Standard in March, and the Commission has just closed a consultation on the proposed standard. The framework would give green bonds — up to now an industry-led initiative — official ...

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