• Register
Return to: Home > News > Assurance and Accounting > EU Commission publishes a study on green bond calling for greater standardisation

EU Commission publishes a study on green bond calling for greater standardisation

The EU commission has published a study on green bonds which looked at the extending the accounting and disclosure requirements of green bonds to other non-green bonds as one way to harmonize green bonds frameworks across the European Union.

The study titled Study on the potential of green bond finance for resource-efficient investments, provided an overview of the major obstacles to the development of green bond market across countries and sectors and proposes some solutions and policy recommendations to these.

Amongst the potential measures to improve the landscape for green bonds the study looks at mandatory disclosure of green indicators for bond issuances and investments and highlights the need for standardisation in order to ensure that the proceeds from green bonds are used for genuinely green projects with measurable environment objectives.

The study looks at various ways to harmonise green bonds framework in the EU, including extending the accounting and disclosure requirements of green bonds to other non-green bonds.

“This would a) allow investors to see the environmental impact of their investments, b) allow the market to price in environmental benefits (or dis-benefits) and c) help ensure that the opportunities to improve environmental impact are maximized,” the study read. “It could also be considered to require disclosure of green indicators regarding bond issuances and investments i.e. what share of an issuance or investment portfolio is green. This would allow keeping track of market development and good-practice players.”

Link: Study on the potential of green bond finance for resource-efficient investments

Top Content

    Time pressure: Facing up to mental health

    In an ‘always on’ culture, it is becoming increasingly difficult to manage a healthy work-life balance. While companies are beginning to address this problem by introducing different support systems, Joe Pickard finds more could be done to ensure the wellbeing of the professions workforce.

    read more

    Venezuela: the race for the dollar

    With a new currency following hyperinflation, large sections of the population emigrating to neighbouring countries, an economy on the brink of collapse and no apparent solution coming from the government, Jonathan Minter finds a profession struggling to stay afloat in Venezuela.

    read more

    Brazil: transparency and control

    Brazilian accountants have an optimistic view of the impact of more-regular reporting and the implications of audit controversies for the profession. Paul Golden reports.

    read more

    Argentina: looking for a clearer view

    The Argentine accounting profession continues to grapple with the impacts of a weak economy and a culture of financial corruption. Paul Golden takes a closer look.

    read more

    Blockchain: adapting to disruptive tech

    In the relatively few years since digital currencies first began using blockchain technology, the array of potential applications has grown significantly – and continues to expand. Dan Balla, Matthew Schell and Dave Uhryniak from Crowe look at how it impacts accountancy.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.