The long-awaited proposals for the EU Green Bond Standard ("EU GBS") represent one of the biggest developments in the sustainable debt capital markets in the last decade. We first posted about the European Commission's proposal for an EU GBS regulation in July last year. In December 2021, the rapporteur of the EU GBS file at the European Parliament published a draft report, with some amendments representing a fundamental shift from the Commission's original proposals. In the following briefing, we take a closer look at the latest developments as the regulation makes its way through the European legislative process.
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