EU leads the way in green finance

Green Forum
The EU has emerged as a global leader in green finance, having issued over €65 billion in NextGenerationEU (NGEU) Green Bonds since 2020. This significant milestone positions the EU as the world's largest issuer of Green Bonds.  

Aligned with President von der Leyen's vision, the European Commission aims to allocate 30% of NGEU financing through Green Bonds. These bonds will channel €264.6 billion into nine key green sectors, including clean transport, renewable energy, and energy efficiency.

The full implementation of NGEU Green Bond-funded projects is projected to reduce EU greenhouse gas emissions by 55 million tons annually. This substantial reduction, equivalent to the emissions of 15 million households or 38 million internal combustion cars, underscores the EU's commitment to a sustainable future.

Green Bonds offer investors a unique opportunity to contribute to a greener planet. By financing climate-friendly projects, investors can help address global challenges and ensure a sustainable future for generations to come.

The Commission's Green Bond Dashboard provides real-time insights into the allocation and impact of NGEU Green Bond funds. This transparency reinforces the EU's commitment to the highest standards of green finance.

The EU's growing presence in the capital markets has led to a tenfold increase in outstanding bonds over the past five years, surpassing the half-trillion Euro mark. This expansion enhances the liquidity and safety of euro-denominated assets, providing investors with a valuable diversification option in volatile global markets.

 

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Green Forum  |  20 November, 2024 at 8:23 PM
Green Forum  |  19 November, 2024 at 6:24 PM