On 5 May, 2021 CEPS will be hosting a webinar on "Greening the European Green Bond market".
The green bond market has expanded remarkably over the last few years. In 2020, around €236 billion of green bonds were issued globally (+57% compared to 2018), with Germany, France and the Netherlands accounting for a third of them. Green bond fund assets under management are also growing rapidly, though they only represent between 0.1% and 0.2% of total bond fund assets under management.
Several European initiatives, such as the Sustainable Finance Action Plan, the Green Deal, and the Green Bond Principle have already laid the foundations for sustainable finance. The establishment of an EU Green Bond Standard (GBS) – with the Commission’s legislative proposal expected in Q2 2021 – aims to provide a common EU framework for the European green bond market.