(PRESS RELEASE) BRUSSELS, 29-Sep-2021 — /EuropaWire/ — Insurance Europe, the European insurance and reinsurance federation, has announced the publication of its response to a consultation by the EC on its proposal for an EU Green Bond Standard (EUGBS).
The insurance industry strongly welcomes the EC’s proposal for an EUGBS as a framework to facilitate capital flows to green investments, in line with the objectives of the European Green Deal.
As Europe’s largest institutional investor, the industry supports measures to stimulate the development of the green bond market. In particular, the industry appreciates that the EUGBS:
There are, however, some improvements that can be made to ensure the uptake of the EUGBS:
Media contact:
Richard Mackillican
+32 2 896 48 22
mackillican@insuranceeurope.eu
SOURCE: Insurance Europe
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