European Commission’s TEG on Sustainable Finance releases Usability guide for the EU Green Bond Standard and the Final report on the EU Taxonomy

 

9 March 2020 The European Commission’s Technical Expert Group on Sustainable Finance of which ICMA is a member has released today the Usability guide for the EU Green Bond Standard and the Final report on the EU taxonomy. Both reports are designed to provide essential additional guidance to market participants on the use of the proposed future standard and on the EU’s classification of green economic activities. Martin Scheck, CEO of ICMA, said: “The EU GBS and the Taxonomy are key developments in Europe’s sustainable finance landscape. We are actively engaged in the Technical Expert Group’s efforts to advise on how they can be successfully implemented within the Commission’s ambitious Action Plan on Sustainable Finance and alongside existing best practice in sustainable financial markets”.
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