EU Green Bond Regulation

The EU Green Bond Regulation provides a common framework of rules for issuers electing to use the “European Green Bond” or “EuGB” label for green use of proceeds bonds that pursue environmentally sustainable objectives as defined by the EU Taxonomy Regulation.

The Regulation also establishes a system to register and supervise external reviewers of European Green Bonds and provides optional disclosure templates for bonds marketed as environmentally sustainable and for sustainability-linked bonds.

Requirements for issuers to apply the label are intentionally demanding with respect to taxonomy alignment and pre- and post-issuance transparency. Issuers will also bring themselves in scope of the supervisory competence of the relevant national competent authority.