As part of the European Commission's strategy to finance the transition to a sustainable EU economy, the EU has been debating how best to implement a regulatory regime for EU green bonds for some time. The result is the long-awaited publication of the EU Green Bond Regulation (EuGB Regulation) in the Official Journal of the EU on 30 November 2023. It is due to apply from 21 December 2024. It is the first attempt to regulate the green bond market, which until now has operated on a voluntary basis voluntary standards such as the ICMA Green Bond Principles, and introduces a new gold standard whereby bonds designated as "European Green Bonds" or "EuGB" will have to meet the requirements set out in the EuGB Regulation. It is expected that these new disclosure requirements should promote consistency and help compare products in the wider green bond market, thereby avoiding so-called
Now that Regulation (EU) 2023/2631 of the European Parliament and of the Council of 22 November 2023 on European Green Bonds (hereinafter referred to as "EuGB") ... (dr. Jochen Seitz, Jennifer O'Connell, Štefan Schrewe, lexology.com)



