October 19, 2021

Ecotechnology News

NextGenerationEU Green Bonds

The Commissioner of Budget and Administration at the European Commission, Johannes Hahn, said that the NextGenerationEU Green Bond framework will enable Europe to take a step forward on many levels.
During the press conference on the framework, Hahn said that the EU intends to give €250 billion in green bonds by 2026. He said that this will make the European Union the world’s largest green bond issuer and the global leader when it comes to sustainable finance.
The commissioner went ahead to say that the confirmation of their 2021 original funding plan shows that their planning and preparatory work is excellent. He also said that they will be launching an auctioning that will have a great impact on the EU capital markets and increase the attractiveness for EU borrowing…