Scope
Issuers voluntarily using the 'European Dictionary termGreen bondA green bond is a bond whose proceeds are intended to finance or refinance eligible environmental projects or assets.Read the full definition ' designation
EU · regulation
EU Green Bond Standard
Regulation (EU) 2023/2631
Penalties
ESMA-registered reviewer regime; national supervision of designation use
Last verified
2026-08-25
In plain language
What this law does
Voluntary Dictionary termGold StandardGold Standard is a certification and crediting standard used for climate and sustainable-development projects that meet its programme requirements.Read the full definition : proceeds fully allocated to Taxonomy-aligned activities (15% flexibility pocket), external review, and supervised external-reviewer registration.
Core obligations
Taxonomy-aligned Dictionary termAllocationAllocation is the partitioning of inputs, outputs or impacts among co-products, functions or systems in an assessment.Read the full definition ; standardised factsheets and allocation/impact reports; external review
Claims
Explore claims affected by this source
Search or filter the reviewed connections, then open one claim for its full market-by-market assessment.
- Green bondDictionary termGreen bondA green bond is a bond whose proceeds are intended to finance or refinance eligible environmental projects or assets.Read the full definition
Why this claim is connected
Use EuGB designation or state framework (ICMA GBP) + Dictionary termAllocationAllocation is the partitioning of inputs, outputs or impacts among co-products, functions or systems in an assessment.Read the full definition /impact reports; no implied official status
- Sustainability-linked bond — ambitious SPTsDictionary termSustainability-linked bondA bond whose coupon or other terms change depending on whether the issuer meets predefined sustainability targets — proceeds are general-purpose, so the targets carry the credibility.Read the full definition
Why this claim is connected
SPT Dictionary termMaterialityA judgement about which sustainability matters are significant enough to influence decisions or represent an organisation's most consequential impacts.Read the full definition , Dictionary termAmbitionThe level, scale or pace of improvement an organisation seeks to achieve relative to a sustainability challenge, benchmark or pathway.Read the full definition vs BAU trajectory, second-party opinion, reporting/verification commitments per ICMA.