Sustainable Finance
Sustainable Finance by Nicholas Pfaff, Valérie Guillaumin, Simone Utermarck, Ozgur Altun and Julia Rodkiewicz
Introduction This update reports on the new and updated publications released by the Principles in June 2022 during its Annual Conference. It also summarises an important ICMA paper including an analysis and recommendations concerning the EU Green Bond Standard. It otherwise provides a summary of recent market developments. We also cover other regulatory developments including initial drafts for future European and international corporate reporting requirements as well as Taxonomy developments in Singapore.
2022 Update of the Principles The Green Bond Principles, Social Bond Principles, Sustainability Bond Guidelines and Sustainability-Linked Bond Principles (the “Principles”), the international market initiative supported by ICMA, announced on 28 June 2022 new and updated publications including new definitions for
green securitisation, updated key performance indicators for Sustainability-Linked Bonds and new resources for climate transition finance. The Principles provide the global standard for a USD2.4 trillion market, representing the largest source of market finance dedicated to sustainability and climate transition available internationally to corporates, banks and SSAs.
2022 overview and updates of the Principles
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