EU Bets on Green Bonds

The video discusses the concept of green bonds, highlighting their role in sustainable finance and the European Union's efforts to promote them. It addresses the confusion and criticism surrounding green bonds, particularly regarding their impact on carbon reduction. The EU's taxonomy initiative aims to standardize what qualifies as green, reducing greenwashing. The discussion also covers the need to transition brown industries to green and the importance of global standards, with a call for more involvement from the US.

What role does the taxonomy play in the context of green finance?

What challenges exist in establishing global standards for green finance?