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ICMA announces support for the voluntary nature of EU Green Bond label and sustainable bond disclosures

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Published on: 02 March 2023

Published by LNB News

LNB News 02/03/2023

Document Information

Issue Date: 02 March 2023

Published Date: 02 March 2023

Jurisdiction(s): United Kingdom

Article summary

The International Capital Market Association (ICMA) has announced its support for the voluntary nature of the proposed EU Green Bond (EU GB) label and the sustainability-linked and green bonds disclosure templates. This is following the recent provisional agreement on the EU Green Bond Standard (EU GBS) under the Swedish presidency of the European Council. ICMA has made an active effort to engage with the European Commission, EU parliament and Member States, in order to promote the consistency of the EU GBS with existing market practices.

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