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GBIC welcomes proposal for an EU standard for green bonds

The German Banking Industry Committee welcomes the European Commission's proposal for an EU standard for green bonds. As part of the European Green Deal, it is of the utmost importance that the EU standard for green bonds is established in a practical manner. Several amendments to the proposed regulation are necessary to enable issuers to help stimulate the green bond markets and to make the European Green Deal a reality.

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GBIC comments on amending Delegated Regulation (EU) 2019/98

The German Banking Industry Committee (GBIC) welcomes the objective of revising Commission Delegated Regulation (EU) 2019/980 to simplify prospectus requirements, streamline their content and further standardise format and structure, thereby reducing administrative burdens for issuers, improving comparability for investors and strengthening access to EU capital markets.