Nordic Highlights Q3 | 2021 - Nordic Green Covered Bonds Market
15 October 2021
We have published our Nordic Highlights Q3/2021 issue. Topic in this issue is finance.
Nordic Green Covered Bonds Market
The European Commission is proposing a regulation to create the European Green Bond Standard, which would refer to the detailed rules of the EU Taxonomy to define what is considered a green investment. The European Green Bond Standard would be available to different types of bond issuers — including issuers of covered bonds — on a voluntary basis. One of the qualifications for the Standard is that the funds raised by the bond should be allocated 100% to projects aligned with the EU Taxonomy.
The Commission has high ambitions for the European Green Bond Standard. The overall aim is to create a ‘gold standard' that other market standards can be compared to and potentially seek to align with.
The Commission has high ambitions for the European Green Bond Standard. The overall aim is to create a ‘gold standard' that other market standards can be compared to and potentially seek to align with.
Read the full article here.