EU's green bond issuance risks 'falling short'

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By Jasper Cox
19 Oct 2020

The EU's plan to issue large volumes of green bonds as part of its recovery plan will shape that market, but it also risks undermining it due to a discrepancy as to what what counts as green, according to two experts.

The president of the European Commission, Ursula von der Leyen, said last month that 30% of the EU's pandemic recovery fund will come from green bonds — some €225bn.

This is likely to change the dynamics of the green bond market. GlobalCapital has previously suggested that the EU ...

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