sustainable finance; NextGenerationEU; Taxonomy; Green Bonds
Abstract :
[en] • By funding a large share of Next Generation EU and SURE facilities through the issuance of green and social bonds, the European Commission has temporarily established itself as a major player in these market segments. • These measures align with the Commission's wider agenda of using green bonds to strengthen European capital markets and the international role of the euro. • But ensuring that these bonds comply with their label poses governance challenges. • As the Commission has failed to align its large-scale bond issuance with the new EU Green Bond Standard that it developed, it remains questionable whether this strategy will have a lasting impact.
Disciplines :
Political science, public administration & international relations
Author, co-author :
SPIELBERGER, Lukas ; University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Social Sciences (DSOC) > Political Science
Language :
English
Title :
Does the EU have leverage on sustainable bond markets?
