Environment and sustainability / Máximo Martín / Sofía Lazcano /
European Green Bonds are here and come with new post-issuance reporting standards
The regulation establishing a standard for issuers using the designation ‘European Green Bonds’ (EuGB) is now in effect, but the legislative process is not yet complete: a new delegated regulation, currently under consultation, details all the post-issuance information that must be provided.
Since December 21, 2024, the European Green Bond standard (set out in Regulation 2023/2361) has been directly applicable, as we anticipated a year ago (see here), following the standardization process initiated by the European Union in 2018 (which we explained here).
The purpose of the European regulation is to create a uniform scheme and rules for issuers who intend to use the designation of European Green Bond or EuGB in their issuances.