Finance
EU Green Bond Rules Will Be Voluntary, Draft Shows
- They will align fully with EU’s taxonomy, draft document says
- ‘Light supervisory approach’ will leave sovereign flexibility
Photographer: Sean Gallup/Getty Images
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The European Union’s green bond standard will be voluntary rather than binding for issuers, according to a draft document seen by Bloomberg.
The new bond rules, which will be tied to the bloc’s blueprint for environmentally-friendly investments, will be ready for use in 2022 and aim to “set the global standard,” according to the document obtained ahead of its planned publication next month.