Green bonds will help pay for member states plans, including investments in R&D
The European Commission has raised €12 billion via what it calls the world’s largest ever issue of green bonds, with money raised earmarked for financing climate-related investments in EU member states as part of the bloc’s plan for recovery from the Covid-19 pandemic.
Recovery plans for member states already approved by the Commission include significant investments in R&D. Overall, the EU’s post-Covid ‘Recovery and Resilience Facility’ will provide €724bn to member states, and the Commission has said it will raise around €800bn from capital markets up to the end of 2026.
This article on Research Professional News is only available to Research Professional or Pivot-RP users.
Research Professional users can log in and view the article via this link
Pivot-RP users can log in and view the article via this link.