On 2 July 2025, the European Commission introduced its 2040 climate target of reducing greenhouse gas (GHG) emissions by 90% compared to 1990 levels. One of the key features of this strategy is the possibility to introduce...more
The European Green Deal1 is a suite of new EU laws designed to support a just transition, first to reduce CO2 emissions by 55% by 2030 and with the ultimate aim of achieving climate neutrality by 2050 whilst at the same time...more
Contemplating sovereign entities and their relation to the Corporate Sustainability Reporting Directive ("CSRD") can seem like gazing at Escher’s labyrinth of staircases, crisscrossing endlessly without a final destination....more
The European Green Bonds Regulation (the "EuGB Regulation") was published yesterday in the European Union's Official Journal.
The EuGB Regulation introduces the “European Green Bond Standard” or ("EuGBS"), as a...more
The efficiency of the debt capital markets runs on a high degree of homogeneity and standardisation, which enables market participants to make time-sensitive and informed decisions based on a high degree of comparability...more
The Loan Market Association ("LMA"), Loan Syndication and Trading Association ("LSTA") and Asia Pacific Loan Market Association ("APLMA") have published new guidance on the key aspects of the Green Loan Principles ("GLP") and...more
To meet the ambitious targets set by the UN 2030 Sustainable Development Goals (SDGs), the finance markets must be utilised to a much greater degree to enable sustainable projects and allow access to wider sources of capital....more
5/5/2020
/ Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Financial Markets ,
Green Bonds ,
Green Loans ,
Green Securities ,
Public Consultations ,
Sustainable Development Goals (SDGs) ,
Sustainable Finance ,
Taxonomy ,
Transparency ,
United Nations
The EU sustainable finance market has developed organically, guided by voluntary but universally accepted principles. According to recent research, climate change could cost up to 19 per cent. of Global GDP by the end of...more
6/5/2019
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Benchmarks ,
Carbon Off-Set Credits ,
Climate Action Plan ,
Climate Change ,
Credit Ratings ,
Economic Action Plan ,
Environmental Social & Governance (ESG) ,
EU ,
European Commission ,
European Securities and Markets Authority (ESMA) ,
Green Bonds ,
Investment Adviser ,
Investment Management ,
MiFID II ,
Paris Agreement ,
Popular ,
Proposed Regulation ,
Structured Finance ,
Sustainable Finance ,
Taxonomy ,
UCITS ,
United Nations
After its entry into force on 20 July 2017, the new Prospectus Regulation ("PR3") will become fully applicable from 21 July 2019. It will replace the previous EU Directive 2003/71/EC (the "Prospectus Directive"). The change...more
4/5/2019
/ EU ,
EU Prospectus Regime ,
European Securities and Markets Authority (ESMA) ,
Investor Protection ,
National Competent Authorities (NCA) ,
New Rules ,
Prospectus ,
Prospectus Regulation (PR3) ,
Public Offerings ,
Publicly-Traded Companies ,
Risk Factors