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The 'green label effect' for green bonds is real

Corporate Knights

This finding raises critical questions about how sustainable finance is marketed and whether green labels alone are enough to drive real environmental change. Green bonds and retail investors Green bonds are a financial tool designed to fund environmentally friendly projects.

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EU Commission Estimates Green Bond Investments to Reduce Emissions by 55 Million Tons per Year

ESG Today

The program targets having 30% of its budget financed through green bonds, and requires at least 37% of spending in Member States’ Recovery and Resilience Plans (RRPs) must be used for sustainable investments and reforms in areas addressing climate change, such as green infrastructure and renewable energy.

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EU Lawmakers Strike Deal to Establish European Green Bond Standards

ESG Today

Lawmakers in the European Parliament and the European Council announced today an agreement on the creation of standards for proposed European Green Bonds (EuGB), as well as voluntary disclosure guidelines for green bond issuers aimed at preventing greenwashing in the sustainable bond market.

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Goldman Sachs AM Launches Global Green Bond ETF

ESG Today

Goldman Sachs Asset Management announced today the launch of the Goldman Sachs Global Green Bond UCITS ETF, a new Article 9 fund tracking a bespoke index developed with Solactive, tracking the performance of investment-grade bonds denominated in G10 currencies.

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Waste reduction bonds can make green bonds greener

Impact Alpha

That’s the message of Future of Waste from UBS Global Wealth Management, the first of a series of white papers exploring longer-term sustainable investment opportunities. The report details the challenges and investment opportunities to be found in reducing waste, from food and plastics.

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EU Green Bond Deal: Sustainable Gold Standard or Unrealistic?

Impakter

Impakter EU Green Bond Deal: Sustainable Gold Standard or Unrealistic? In what’s being labelled a “landmark’’ moment for sustainable finance, EU negotiators last week finally announced the agreement of a provisional deal establishing a gold standard for European green bonds (EuGB). Stephen Hare

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Switzerland to Address Greenwashing with Sustainable Investment Label Rules

ESG Today

Measures planned over the next few years cover a wide range of initiatives ranging from making TCFD recommendations mandatory for large companies and requiring transparency on stewardship strategies to promoting sustainability in education, issuing Confederation green bonds and supporting global carbon pricing initiatives.