The EU is working on the implementation of a European standard for green bonds

This figure would allow for better regulation of the green bond market as there would be greater supervision and transparency

The European Parliament is setting the European Green Bond Standard, the first in the world, to help prevent companies from presenting themselves as more environmentally friendly than they actually are. A green bond is a fixed-income instrument designed to support environmental or climate-related projects. Green bonds are used to finance or refinance investments, projects, expenditures, or assets that help address climate and environmental issues. Governments and private companies use them to finance the transition to a more sustainable, low-carbon economy.

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