Climate Bonds Initiative and EMF-ECBC’s New Partnership Aligns EU Covered Bonds with Sustainable Finance Goals

The European Mortgage Federation – European Covered Bond Council (EMF-ECBC) and the Climate Bonds Initiative have partnered to certify bonds that align with the EU Taxonomy for sustainable activities. This collaboration aims to enhance transparency and investment in energy-efficient finance across key EU markets. By developing standards for covered bonds, they seek to improve credibility in the green finance market and promote sustainability criteria among issuers. The initiative leverages existing quality labels to boost investor confidence and reduce greenwashing, ultimately facilitating a transition to a low-carbon economy and a more resilient financial market. Resources: https://esgnews.com/climate-bonds-initiative-and-emf-ecbcs-new-partnership-aligns-eu-covered-bonds-with-sustainable-finance-goals/