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European Commission European Union Green Finance

White & Case LLP

New European Green Bond Standard is a game-changer

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The energy transition received a transformative boost when European Union lawmakers approved new voluntary standards for companies that wish to issue "green" bonds. The European Green Bond Standard, which will be finalized on...more

Jones Day

Adoption of Final Version of European Green Bond Standard: A New Landmark Tool for Sustainable Finance

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The Situation: On October 5, 2023, the European Parliament and the Council of the European Union adopted the European Green Bond Regulation ("EuGB Regulation"), establishing a voluntary harmonized standard open to both EU and...more

Latham & Watkins LLP

The European Green Bond Standard - The New Green Bond “Gold Standard”?

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The European Green Bond Standard seeks to be the “gold standard” for green bonds and reinforce the EU’s position as the leading market for sustainable finance. With the adoption of the EU green bond standard (the EU GBS),...more

Latham & Watkins LLP

European Commission Launches Consultation on Sustainable Finance Disclosure Regulation

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The EU regulators are reviewing the Sustainable Finance Disclosure Regulation introduced in 2021, exploring the need for potential additional adjustments. On 14 September 2023, the European Commission initiated a...more

A&O Shearman

EU Publishes New Sustainable Finance Package

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The EU published a new Sustainable finance package 2023 on June 13, 2023. The package includes - - A Proposed Regulation on the transparency and integrity of ESG rating activities, which aims to enhance the quality of ESG...more

Hogan Lovells

European Commission proposal on ESG rating activities

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On 13 June 2023, the European Commission published a proposal for a regulation on the transparency and integrity of ESG rating activities, following concerns about the reliability, comparability and transparency of ESG...more

Latham & Watkins LLP

Focus on Greenwashing: The Latest Regulatory Proposals in the EU and the UK

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The latest proposals show the direction of travel in the increasingly expanding web of consumer protection regulation on sustainable products and initiatives. Background - The European Green Deal, presented by the...more

McDermott Will & Emery

European Commission Issues its First (and the World’s Largest) Green Bond

McDermott Will & Emery on

On 12 October 2021, the European Commission (EC) issued its first-ever NextGenerationEU green bond, raising a total of €12 billion that will be used exclusively to fund green and sustainable investments across the EU. More...more

Proskauer Rose LLP

Regulation Round Up - October 2021

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The Financial Stability Board published its final report on the lessons learnt from the COVID-19 pandemic from a financial stability perspective. The Financial Conduct Authority (“FCA”) published a report on climate change...more

Akin Gump Strauss Hauer & Feld LLP

European Green Bonds and Sustainability-Linked Derivatives - A Brief Update

Environmental, social and governance (ESG) factors continue to play an increasingly significant role across the capital markets and have an impact on a range of financial instruments and products. We have previously written...more

Latham & Watkins LLP

The European Commission Unveils New Sustainable Finance Package

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The package focuses on material sustainability reporting and disclosure obligations, as the EU looks to direct capital toward sustainable activities. On 21 April 2021, one day prior to Earth Day and a US-led global...more

Foley & Lardner LLP

Ongoing COVID Sales Uncertainty in Europe, While Focus Turns to Opportunity for Green Recovery in the European Auto Industry

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Like much of the rest of the world, Europe continues to grapple with the coronavirus pandemic. This is true in the auto industry, which saw a surprise pop in September, followed by a drop in October as a new wave of cases...more

Cadwalader, Wickersham & Taft LLP

European Commission Consultation on the Renewed Sustainable Finance Strategy

Introduction - On 8 April 2020 the European Commission published a consultation paper on its renewed sustainable finance strategy (the “Sustainability Strategy”). The Sustainability Strategy is a policy framework forming a...more

Dechert LLP

International Capital Markets Newsletter Issue 2 – Winter 2020: Green Finance: A New Frontier

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In November 2007, the European Investment Bank set the blueprint for sustainable investment with the issuance of the world’s first green bond. Since then, interest in green finance, and in particular, green bonds, has...more

Katten Muchin Rosenman LLP

Corporate & Financial Weekly Digest, Featuring the Articles on Financial Market Regulatory Preparations Underway in Advance of...

BREXIT/UK DEVELOPMENTS - ESG and Sustainable Investments: House of Lords EU Committee Queries Taxonomy Regulation With HMT - On January 16, the House of Lords European Union Committee published a letter from the...more

White & Case LLP

Financial Regulatory Observer - December 2019: Eight priorities for the new EU financial services chief

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Valdis Dombrovskis has a full in-tray that includes securing the EU banking and capital markets union as he begins his term at the European Commission. The new President of the European Commission, Ursula von der Leyen,...more

Bergeson & Campbell, P.C.

EU TEG On Sustainable Finance Publishes Proposal For EU Green Bond Standard

In June 2019, the European Commission (EC) Technical Expert Group (TEG) on Sustainable Finance, published its Report on EU Green Bond Standard. The report proposes the creation of a European Union (EU) Green Bond Standard...more

Orrick - Finance 20/20

The European Commission’s Technical Expert Group Requests Feedback on Proposed EU Green Bond Standard

Orrick - Finance 20/20 on

The interim report, published by the European Commission’s Technical Expert Group (TEG), outlines the work carried out so far on developing an EU green bond standard. Annex 1 of the report sets out the proposed content of a...more

Latham & Watkins LLP

A New European Standard for “Green Finance”

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The High Level Expert Group on sustainable finance (the Group), which the European Commission (the EC) established, published its interim report on 13 July 2017. The report sets out the key steps required to create a...more

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