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EU Targets 30% Green Bond Issuance In New Budget

The EU Commission has said it aims to ensure that 30% of all bonds issues between 2021 and 2027 are dedicated to environmentally friendly projects as it seeks to emphasize sustainability in the bloc’s recovery from the COVID- 19 pandemic. The EU executive said in a statement on Tuesday that the so-called green bonds will help turn Europe into a global center for sustainable sustainable finance. “The European Commission today presented a new strategy to stimulate the openness, strength and resilience of the EU’s economic and financial system for the years to come,” the body said. “Promoting sustainable finance is also ..


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