The European Commission has today launched the NextGenerationEU Green Bond Dashboard, a tool to increase the transparency of the measures financed by NextGenerationEU green bonds. The dashboard shows how the EU Member States are investing the money raised by green bond issuances. By also offering detailed information on each measure, the tool gives the possibility to easily visualise and analyse this data.
Commissioner Johannes Hahn, in charge of Budget and Administration, said: “So far we have raised €14.5 billion under NextGenerationEU green bonds. These funds are being used to finance a wide range of green investments under the Recovery and Resilience Facility and support our efforts towards more resilient and sustainable economies. With the tool we are launching today, we can clearly show to the investors in EU green bonds and to the wider audience how exactly the proceeds have been used.”
The dashboard is a transparency tool which documents the extensive review and due diligence process that the Commission has put in place to ensure that the proceeds of NextGenerationEU green bonds are exclusively allocated to national Recovery and Resilience Plan (RRP) measures which contribute to the green transition.
The dashboard is yet another step in the Commission’s work to maintain active relations with market participants in the context of its borrowing and lending strategy.
Details
- Publication date
- 31 March 2022
- Department
- Directorate-General for Budget
- Location
- Brussels