• 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

    The UK: uncertain waves rule Britannia

    he UK’s accountancy profession is currently in a period of much uncertainty. The Competition and Markets Authority (CMA) has released its review into the listed audit market which could cause the biggest shake-up the profession has seen in years, the Kingman Review has described the Financial Reporting Council (FRC) as not being fit for purpose and called for it to be replaced. All the while the country remains in a deadlock on Brexit negotiations.

    read more

    Views from the Eurozone

    With Brexit looming, populist governments gaining footholds in a number of countries and movements such as the Yellow Jacket protests in France, 2018 was anything but a quite year for the eurozone. Here leaders report to the IAB on their markets.

    read more

    Eastern promise and how to find it

    With China rising as a global power, Jonathan Minter spoke with ShineWing’s Zhang Ke and Marco Carlei at the World Congress of Accountants 2018 in Sydney, to discuss the cultural challenges that occur when Chinese networks look beyond their border, and the dividends available for those who overcome them.

    read more

    Spain: looking to widen demand

    As Spanish accounting professionals prepare for new audit regulations, the Paul Golden asks what they need to do individually and at firm level to maintain and increase demand for their services.

    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.