EU Moves Forward With Draft Regulation On Green Bond Disclosure

The European Commission has published a draft delegated regulation on post-issuance disclosure for bonds marketed as environmentally sustainable or sustainability-linked.

This regulation is a part of the EU Green Bond Regulation (EUGB), which introduces a voluntary disclosure regime aimed at enhancing transparency in the green bond market. The regulation outlines templates for post-issuance disclosures, mandating issuers to publish relevant information annually until the full allocation of bond proceeds. The disclosures should be made available on the issuer’s website for at least 12 months after the bond’s maturity. A consultation process on these templates and other related measures is open until January 28, 2025. The Commission plans to adopt the final regulations in the first quarter of 2025.