European green bonds: A standard for Europe, open to the world
Green bonds are committed to financing or re-financing investments, projects, expenditure or assets helping to address climate and environmental issues. Both governments and companies use them to finance the transition to a more sustainable and low-carbon economy. Since the EIB inaugurated the green bond market in 2007 with its Climate Awareness Bond, the market has grown very fast, but it still represents only about 3 to 3.5 % of overall bond issuance. The green bond market needs to grow more quickly to achieve the targets in the Paris Agreement. In this podcast, we’ll talk about European green bonds, a tool for financing green investments that can help us make the transition to a low-carbon economy, and how a European standard could be become global.
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