Raw: [

The post Climate Bonds Initiative and EMF-ECBC’s New Partnership Aligns EU Covered Bonds with Sustainable Finance Goals appeared first on ESG News.
]
Climate Bonds Initiative and EMF-ECBC's New Partnership Aligns EU Covered Bonds with Sustainable Finance Goals – ESG News
LOADING
ESG News
ESG Business
Sustainability
Technology
Infrastructure
ESG Reporting
ESG Standards
Environmental
Government
Diversity, Equity & Inclusion
ESG Investing
Sustainable Finance
ESG Funds
Digital Assets
ESG Lifestyle
ESG Events
Upcoming Event List
International
ESG Europe
ESG India
ESG APAC
ESG United Kingdom
ESG Asia
ESG Middle East
ESG Latin America
ESG Japan
ESG Canada
ESG Russia
Videos
Force For Good
Greenwich Economic Forum
UN Global Compact Leaders Summit 2022
Blockchain for Europe
UNCTAD Sustainable Stock Exchange Initiative
Humanity 2.0
World Economic Forum
Caspian Week
Converge2Xcelerate
International WELL Building Institute
EarthX
Type to search
ESG NewsESG Business
SustainabilityTechnologyInfrastructureESG ReportingESG StandardsEnvironmentalGovernmentDiversity, Equity & Inclusion
CSE Announces its 2024 Sustainability & ESG Leadership Summit at NYC’s One World Trade Center
ESG News
August 28, 2024
ESG News Week In Review: 20 May – 26 May
ESG News
May 24, 2024
Fils and Telr Partner to Drive Sustainability in Finance and Payments
ESG News
February 16, 2024
Deloitte Leads the Way in ESG & Sustainability Services, Verdantix Report Finds
ESG News
February 13, 2024
Microsoft Expands Partnership with UNDO to Remove 15,000 Tonnes of CO₂ via Enhanced Rock Weathering
ESG News
September 27, 2024
Meta Signs Long-Term Deal with BTG Pactual for Up to 3.9 Million Carbon Offset Credits to Support Net Zero Goals by 2030
ESG News
September 19, 2024
Apple Reduces New iPhone 16’s Carbon Footprint by 30%
ESG News
September 16, 2024
Oracle Launches Fusion Cloud Sustainability Application to Simplify ESG Reporting and Drive Environmental Progress
ESG News
September 12, 2024
Equinix Strengthens Sustainability with $750 Million in Green Bonds, Targets Climate Neutrality by 2030
ESG News
September 9, 2024
SBTi Introduces New Framework to Achieve Net-Zero in the Building Sector by 2030
ESG News
August 29, 2024
UltraTech Cement Secures $500M in Sustainability-Linked Loan
ESG News
August 27, 2024
IFC Partners with Ayala Land for $250 Million Sustainability-Linked Financing to Boost Green Buildings in the Philippines
ESG News
July 22, 2024
Climate Bonds Initiative and EMF-ECBC’s New Partnership Aligns EU Covered Bonds with Sustainable Finance Goals
ESG News
October 9, 2024
Deloitte Denmark Aids Carlsberg Group in Navigating New ESG Legislation
ESG News
October 9, 2024
Morningstar Sustainalytics Enhances ESG Reporting Tools to Meet EU Regulatory Demands
ESG News
October 8, 2024
EU Commission Adopts Infringement Package for Member States Failing to Transpose Key Directives
ESG News
September 30, 2024
Candriam Launches ESG Equity Market Neutral Fund for Sustainable Growth
ESG News
August 30, 2024
SBTi Advances Corporate Net-Zero Standard with Focus on Scope 3 Emissions
ESG News
July 31, 2024
Tim Mohin: ISSB Adoption In Full Swing
Tim Mohin
May 31, 2024
ERM and Workiva Form Partnership to Enhance Climate and Sustainability Reporting for Clients
ESG News
May 16, 2024
Maersk Advances Gender Equality with 45% Women Cadet Intake in India for 2024
ESG News
September 30, 2024
2024 Equality Index Report Reveals 45% of Companies Now Publish Disability Data: Disability:IN
ESG News
July 17, 2024
Freddie Mac’s New ESG Strategy: Advancing Sustainable Housing
ESG News
July 5, 2024
H&M’s Move Together and Laureus Sport for Good Expand Partnership to France for Youth Inclusion and Gender Equity Through Sport
ESG News
June 20, 2024
ESG Investing
Sustainable Finance ESG Funds Digital AssetsESG LifestyleESG Events
Upcoming Event ListInternational
ESG Europe ESG India ESG APAC ESG United Kingdom ESG Asia ESG Middle East ESG Latin America ESG Japan ESG Canada ESG RussiaVideos
Force For Good Greenwich Economic Forum UN Global Compact Leaders Summit 2022 Blockchain for Europe UNCTAD Sustainable Stock Exchange Initiative Humanity 2.0 World Economic Forum Caspian Week Converge2Xcelerate International WELL Building Institute EarthX
Get Breaking ESG News Alerts
Daily Newsletter
Join Now
videocam
Latest News
Seven simple questions
Help us improve your experience, delivering more of what you want
ESG Survey
Seven simple questions – Help us improve your experience, delivering more of what you want!
Climate Bonds Initiative and EMF-ECBC’s New Partnership Aligns EU Covered Bonds with Sustainable Finance Goals
Climate
/
ESG Europe
/
ESG Reporting
/
Sustainable Finance
/
Climate Bonds Initiative and EMF-ECBC’s New Partnership Aligns EU Covered Bonds with Sustainable Finance Goals
by ESG News
•
October 9, 2024
Share:
Share on Facebook
Share on Twitter
Share on LinkedIn
Listen to this story:
Key Impact Points:
Accelerating Green Finance: The collaboration certifies bonds adhering to the EU Taxonomy, boosting transparency in sustainable investments.
Supporting Climate Goals: Aligning covered bonds with sustainability standards helps drive investment toward the low-carbon economy.
Enhancing Market Confidence: Joint efforts between Climate Bonds and EMF-ECBC promote trust by reducing greenwashing and increasing transparency.
The European Mortgage Federation – European Covered Bond Council (EMF-ECBC) and the Climate Bonds Initiative (Climate Bonds) have joined forces to certify bonds aligned with the European Union (EU) Taxonomy for sustainable economic activities. This partnership, formalized through a Memorandum of Understanding, aims to foster transparency and investment in energy-efficient finance across key EU markets like Germany, France, Ireland, and Hungary.
New Standards for Sustainable Bonds
Together, EMF-ECBC and Climate Bonds will develop and promote standards that align covered bonds—debt securities backed by mortgages—with the EU Taxonomy. These bonds, crucial to financial markets, will now offer investors a clear path to supporting a low-carbon economy.
“Today’s agreement marks a pivotal moment in our mission to foster sustainable finance practices,” said Sean Kidney, Climate Bonds CEO. “By aligning covered bonds with the EU Taxonomy, we are not only supporting the transition to a low-carbon economy but also enhancing the attractiveness and credibility of these essential financial instruments.”
Key Objectives of the Partnership
Developing Best Practices: Establishing stringent guidelines to ensure that covered bonds meet the EU Taxonomy’s standards, improving transparency and credibility in the green finance market.
Promoting Market Adoption: Assisting issuers in integrating sustainability criteria, broadening investment opportunities.
Raising Awareness: Educating key stakeholders on the advantages of sustainability-aligned covered bonds, including investors, financial institutions, and policymakers.
Related Article: PRI, UNEP FI, and Climate Bonds Initiative Collaborate to Support Global Sustainable Finance Taxonomies
Driving Transparency with Energy Efficiency
This collaboration leverages the EMF-ECBC’s Energy Efficient Mortgage Label (EEM Label) and Climate Bonds’ globally recognized Certification Scheme. The EEM Label provides reliable data on energy-efficient mortgages, boosting investor confidence and de-risking bank portfolios.
Luca Bertalot, EMF-ECBC Secretary General, noted, “By interlinking well-established quality labels in financial markets, we can boost sustainable investments, enhance transparency, reduce greenwashing, and digitalize capital markets, speeding up transactions and fostering innovation.”
By aligning with EU regulations, these efforts aim to scale up energy-efficiency investments and make them more accessible to global investors, furthering the transition toward a sustainable, climate-aligned financial system.
This strategic partnership is a critical step toward building a greener, more resilient financial market, enhancing both investor confidence and global efforts to combat climate change.
Share:
Share on Facebook
Share on Twitter
Share on LinkedIn
Topics
Climate Bond
Climate Bonds Initiative
EMF-ECBC
ESG
ESG News
EU Taxonomy Bonds
Green Finance
Sustainability
Related Articles
Rio Tinto to Acquire Arcadium Lithium in $6.7 Billion Deal to Boost Energy Transition Metals
ESG News •
October 9, 2024
RepRisk Reports First Decline in Greenwashing Incidents in Six Years, Yet Severity Rises
ESG News •
October 9, 2024
High Court Blocks Plans for the UK’s First Deep Coal Mine in Over 30 Years
ESG News •
October 9, 2024
Google Secures 12-Year Renewable Energy Deal with energyRe for 435 MW Solar Project
ESG News •
October 9, 2024
Nov
11
November 11 – November 12
Fortune Global Forum 2024
Dec
3
December 3 – December 4
The Scope 3 Innovation Forum USA
View Calendar
Today’s Top ESG Stories
High Court Blocks Plans for the UK’s First Deep Coal Mine in Over 30 Years October 9, 2024
Deloitte Denmark Aids Carlsberg Group in Navigating New ESG Legislation October 9, 2024
Goldman Sachs Invests $440M in BrightNight to Drive U.S. Renewable Energy Expansion October 9, 2024
Fitch Warns Global Decarbonisation Efforts Lag, Driven by Emerging Markets October 9, 2024
NVIDIA: Can AI Green Itself? October 8, 2024
ESG News Quote of the Day
You have a responsibility to make inclusion a daily thought, so we can get rid of the word ‘inclusion’.
Theodore Melfi, American filmmaker
Tweet
ESG News Daily Newsletter
First Name
Last Name
Email address:
Leave this field empty if you’re human:
Related Stories
FTSE Russell Expands Climate-Aligned Bond Indices to Include High-Yield and Emerging Markets
EIB’s New EUR 5 Billion Climate Bond Surpasses EUR 100 Billion in Green Funding
About ESG News About Us
Become a Contributor
Newsletter
Contact Us
Services Advertise With Us
Sponsorships
Events
News Agency
Terms & Privacy Terms & Conditions
Privacy Policy
Cookies
Copyright
Follow Us
YouTube
©2021 ESG News Corp. All rights reserved.
Add ESG News to your home screen?
Add this web page on your home screen for quick and easy access when you’re on the go.
Just tapthen “Add to home screen”
×