The shift to a low-carbon economy involves investing in ecofriendly assets and projects. Getting public and private investors to buy ‘green bonds’ is an important way of raising the necessary capital.

This initiative aims to attract more finance for sustainable investment by establishing an EU standard for ‘green bonds’, setting out clearly which assets and projects the money can be used for.

It builds on a June 2019 report by the Commission’s technical expert group on sustainable finance.