合法博彩网站

听听Presidente. 鈥� L鈥檕rdine del giorno reca la relazione di Paul Tang, a nome della commissione per i problemi economici e monetari, sulla proposta di regolamento del Parlamento europeo e del Consiglio sulle obbligazioni verdi europee ( - C9-0311/2021 - (A9-0156/2022).

听听Paul Tang, rapporteur. 鈥� Madam President, Commissioner, good that you鈥檙e here. The green bonds are a European success story. Out of USD听500听billion of green bonds issued last year, 50% came from Europe 鈥� or actually, I should talk about EUR听500听billion, because in a world dominated by the dollar, sustainable finance is a euro stronghold.

And it should stay this way, to ensure that sustainable finance 鈥� the finance of the future 鈥� stays here. But for that, investor worries on green bonds should be addressed. Is the money really spent on green projects? Will the promises be kept? Do green ones truly finance a company鈥檚 transition, or are they a smokescreen to conceal business as usual?

That is where the European green bonds regulation comes in. It brings three 鈥楾鈥檚: transparency, trust and transition to the green bond market. And let me talk about each of them in turn.

Transparency is brought by creating a new gold standard for green bonds: the European green bond 鈥� fully transparent on taxonomy and on spending of revenue. The regulation also brings transparency to the market as a whole by providing templates that bonds should use when they are serious about being green, even when they cannot fulfil the hard requirements of the gold standard taxonomy yet.

Hard requirements are needed, though, to create trust in the market 鈥� the second 鈥楾鈥�. European green bonds should be spent on taxonomy-aligned projects. There are some exemptions for development aid where it鈥檚 difficult to prove taxonomy alignment or for activities for which criteria do not exist yet. But by and large, investors can trust that their money is spent well and that trust will be strengthened by external reviewers, independent parties, regulated by ESMA and subject to strict conflict of interest rules, who evaluate and check each and every bond. I think all green bond issuers around the world would benefit from using their services.

And lastly, and importantly, the regulation puts transition plans centre stage because doing a green thing doesn鈥檛 make you green. Shell can raise money from a wind farm, but without a clear plan on how it will exit oil, showing off this green project is greenwashing 鈥� pure and simple as that. That is why the 合法博彩网站 has obliged all issuers of European green bonds to show how bonds aid their transition. And I would like to thank my shadow rapporteurs, Christophe听Hansen, Gilles听Boyer, Bas听Eickhout 鈥� who can鈥檛 be here today 鈥� and, of course, their assistants for all their excellent work and cooperation, and as well as the Swedish Presidency and the Commission for their excellent work and cooperation.

With transparency, trust and transition plans, we have strengthened Europe鈥檚 green bond markets and protected Europe鈥檚 leadership in sustainable finance. Then one last remark, because to stay world leading, we have to keep moving. We cannot sit back and relax, expecting the required green investments will fall from the sky. This is why the recent change in language from the Commission sometimes worries me because transparency on ESG is not an administrative burden. It鈥檚 a fundament on which our sustainable economy is built. And if the Commission can no longer explain this, can no longer talk about the 鈥榳hy鈥� of sustainable finance, but only about the cost of data collection, there is a problem and the transition comes at risk.

And Ms听McGuinness, I am looking forward, as I always have, to working with you to ensure that the Commission does all it can until the election to continue explaining the 鈥榳hy鈥� and to maintain the EU鈥檚 leading role in promoting sustainable financial markets.

听听Mairead McGuinness, Member of the Commission. 鈥� Madam President, well done to our rapporteur, Paul Tang. Before I begin my speech, Paul is tenacious and able and absolutely committed to the sustainability agenda and I salute that. I was also a tough MEP, so it鈥檚 important to have you and thank you for all of the efforts you make and the push you give.

Dear colleagues, to those who鈥檝e been involved in this file, a huge thank you to you as a team of negotiators. You have done good work. I think we鈥檙e all in a good mood here because we have reason to celebrate. You know, Paul, I very much liked your speech of transparency, trust and transition. They鈥檙e three important Ts. And for me, we are now taking a very big step to making the European green bond standard a reality. We talked about it for a long time. It is now becoming a reality.

We鈥檙e also a step closer to companies issuing their own European green bonds, to companies meeting our ambitious criteria in the standard to raise money for the green transition. And we are a step closer to a complete EU sustainable finance framework.

I do say, and I hope you will agree, that the final text strikes the right balance between ambition and pragmatism. Thanks to this balance, we have a real chance to make this standard the gold standard for green bonds. Our European green bond standard is based on the EU taxonomy and the detailed criteria it sets out for sustainable activities so both issuers and investors can be assured of the credentials of any bonds issued using the standard. And there are high levels of transparency. The standard will help issuers raise capital for green investments. It will make it easier for investors to pick sustainable investment opportunities. Crucially, it will fight and help us to continue fighting greenwashing.

External reviewers of the European green bond standard will be subject to European supervision, and this is a first for green bonds. ESMA will be in charge of supervising reviewers that want to offer their services to the issuers of European green bonds. This will help ensure these reviewers have the right procedures and structures in place and it will give them the credibility they need to build up their businesses.

Something that鈥檚 really positive is the attention paid to making sure that this is a process accessible also to smaller reviewers. I think this is one crucial part of our work because a vibrant market needs issuers and reviewers that are both big and small to be able to participate. We hope the European green bond standard will spur issuers to be ambitious when seeking funding for green projects.

Now, all that said, we still have work to do. The European green bond standard is voluntary. That means it will have to prove itself in a crowded marketplace. Issuers and investors alike need to see it as an attractive option. The Commission and ESMA have to put in place technical measures to make sure that the standard functions effectively in practice.

The Commission will also prepare user-friendly disclosure templates. These templates can be used by all issuers of green bonds, whether they use the European green bond standard or not, as well as sustainability linked bonds. They will help connect issuers of green bonds, making at least some use of the EU taxonomy, with investors who want clear and standardised access to information about those green bonds.

The Commission will also keep supporting the 合法博彩网站 and the Council to reach agreement on the Listing Act. The Commission confirms its intention to treat any potential mandates to develop standardised annexes for the disclosure of environmental, social and governance-related information in the EU prospectus with swiftness, taking into account the experience with the voluntary guidelines prepared for green bonds in the European Green Bond Regulation. This statement in relation to ESG has been transmitted to 合法博彩网站.

Finally, I really want to give you my thanks again. You know that we have reached this milestone together. Next, we want this European green bond standard to be widely used, because that will be a measure of success. I know that I can count on you for your support to encourage market players to make this happen, and I look forward to our debate.

听听Jos茅 Manuel Fernandes, relator de parecer da Comiss茫o dos Or莽amentos. 鈥� Senhora Presidente, Cara Comiss谩ria, Caras e Caros Colegas, o objetivo do combate 脿s altera莽玫es clim谩ticas 茅 transversal, implica o envolvimento de todos, e o caminho implica tamb茅m rigor e, ao mesmo tempo, gradualismo e ambi莽茫o.

A Uni茫o Europeia est谩 a fazer a sua parte em termos financeiros. O quadro financeiro plurianual dedica 30听% do seu montante para o objetivo 芦combate 脿s altera莽玫es clim谩ticas禄. No mecanismo de recupera莽茫o e resili锚ncia, o montante 茅 de 37听% para esse objetivo.

Mas ningu茅m nem nada pode ficar de fora, e os mercados financeiros s茫o, tamb茅m eles, essenciais para que os investimentos privados, os investimentos das empresas, tamb茅m eles, respeitem e conduzam ao objetivo da transi莽茫o clim谩tica.

E, por isso, sa煤do este relat贸rio, esta aprova莽茫o, j谩 que a supervis茫o ser谩 ela tamb茅m importante e o combate ao green washing 茅 essencial.

听听Ville Niinist枚, rapporteur for the opinion of the Committee on the Environment, Public Health and Food Safety. 鈥� Madam President, the European green bond standard regulation aspires to set the gold standard for European green bonds and aligning them rigorously with the taxonomy technical screening criteria and subjecting them to external review. On behalf of the ENVI opinion rapporteur, Bas Eickhout, I was asked to deliver a few comments on the outcome.

The outcome introduces a voluntary standard, permitting other bonds to bear the green label without true compliance. This is still a problem. We need transparency and comparability. We advocated for stringent regulations encompassing the entire green bond market, not just the European green bond label. 合法博彩网站 advocated in its position for binding transparency requirements for the rest of the bonds that are labelled as green. We need to further continue work on this to avoid greenwashing and to allow investors to compare green bonds.

Regrettably, the Council鈥檚 position took a different turn, allowing flexibility pockets of up to 15% and opposing comprehensive regulation. Despite this, progress was made, and increased transparency for gas and nuclear activities is included. Progress should be seen in the light of the entirety of the outcome and further progress is needed in the future.

听听Christophe Hansen, im Namen der PPE-Fraktion. 鈥� Frau Pr盲sidentin, sehr geehrte Frau Kommissarin! Europ盲ische gr眉ne Anleihen sind nicht nur ein Finanzinstrument; sie schlie脽en die L眉cke zwischen den Kapitalm盲rkten und der dringenden Notwendigkeit von Klima- und Umweltschutzma脽nahmen. Diese Anleihen erleichtern den 脺bergang zu einer nachhaltigen und sauberen Wirtschaft, finanzieren den europ盲ischen Gr眉nen Deal und bieten Anlegern gleichzeitig die Sicherheit, dass ihre Portfolios auch wirklich nachhaltig sind.

Vertrauen听鈭� Paul Tang hat es gesagt听鈭� in ein Produkt ist der wichtigste Garant daf眉r, dass Investoren auch tats盲chlich investieren. Die geltende Taxonomie ist deswegen von zentraler Bedeutung, auch wenn sich an einigen Nachhaltigkeitskriterien die Geister immer noch scheiden. Blinde Ideologie, die einige Kollegen auf den Tisch brachten, h盲tte dieses Instrument dem vorzeitigen Tode geweiht. So wollten sie zum Beispiel Investitionen in Unternehmen, die noch nicht zu 100听% auf Klimaneutralit盲tskurs sind, ausschlie脽en, auch wenn es sich dabei zum Beispiel um einen Windpark gehandelt h盲tte.

Wir k枚nnen nicht f眉r eine erfolgreichen, nachhaltigen Wandel sorgen, indem wir dem Markt ein 眉berkomplexes Instrument aufdr盲ngen. Der EU-Standard f眉r gr眉ne Anleihen w盲re ein Papiertiger geblieben. Wir h盲tten unsere Vorreiterrolle im Bereich nachhaltige Finanzen听鈥� die luxemburgische B枚rse geh枚rt dazu und ist weltweiter Marktf眉hrer in diesem Bereich听鈥� fahrl盲ssig aufs Spiel gesetzt. Gl眉cklicherweise hat sich am Ende die Vernunft durchgesetzt, und wir haben ein Resultat erzielt, welches dem Markt weiterhin die n枚tigen Freiheiten und Flexibilit盲ten 眉berl盲sst.

Europ盲ische gr眉ne Anleihen haben das Potenzial, mehr als nur ein Finanzinstrument zu sein. Sie k枚nnen der Ansto脽 f眉r eine globale, nachhaltige und widerstandsf盲hige Zukunft werden. Ich bedanke mich noch einmal ausdr眉cklich beim Berichterstatter Paul Tang und nat眉rlich auch bei der Kommissarin f眉r die sehr gute Zusammenarbeit. Ich denke, dieses Instrument wird zum Erfolg werden und global auch eingesetzt werden.

听听Jon谩s Fern谩ndez, en nombre del Grupo S&D. 鈥� Se帽ora presidenta, se帽ora comisaria, sin duda debo empezar este debate agradeciendo y felicitando el trabajo del se帽or Tang, ponente del Informe sobre la propuesta de Reglamento sobre los bonos verdes europeos, durante los 煤ltimos meses. Un trabajo imprescindible, junto al resto de ponentes alternativos, para poner en pie, tambi茅n en este caso, la primera regulaci贸n global que va a ayudar a conducir ahorros e inversi贸n hacia activos verdes.

Esta innovaci贸n regulatoria de Europa, que se une a otras muchas en el marco de la transici贸n ecol贸gica, clarifica, da transparencia y facilitar谩 que los inversores responsables puedan distribuir sus recursos, lo que contribuir谩 tambi茅n a la propia transici贸n.

Me gustar铆a tambi茅n recordar que este acuerdo es un punto de partida. No podemos pensar que todo est谩 hecho; hay en este acuerdo con el Consejo algunos elementos pendientes de revisar en el futuro. Necesitamos clarificar un poquito m谩s la calidad de los activos subyacentes de estos cr茅ditos, de estos bonos verdes. As铆 que el trabajo contin煤a, y le doy mi enhorabuena al se帽or Tang.

听听Gilles Boyer, au nom du groupe Renew. 鈥� Madame la Pr茅sidente, Madame la Commissaire, nous avons plac茅 ce mandat sous le signe du pacte vert et de la transition 茅cologique, et cette transition nous devons la financer. Et avec ce nouvel instrument, les obligations vertes europ茅ennes, nous cr茅ons un outil suppl茅mentaire au service de ce financement. Un standard ambitieux avec des crit猫res stricts, qui permet 脿 celui qui les respecte de se proclamer objectivement vert ou soutenable dans le respect de notre taxonomie europ茅enne.

C'est un outil qui sera gagnant pour l'茅metteur de dette et gagnant pour l'investisseur. L'institution ou l'entreprise qui 茅mettra de la dette pour investir pourra choisir ce nouveau standard, sa dette sera plus attractive et les conditions de mise sur le march茅 seront meilleures parce que la demande en produits verts est en augmentation constante. De son c么t茅, l'investisseur aura l'assurance que ces fonds seront mis 脿 profit pour financer des 茅quipements ou des projets compatibles avec le pacte vert et la taxonomie europ茅enne.

Attractivit茅 pour les 茅metteurs, transparence pour les investisseurs, c'est l'茅quilibre que nous avons d茅fendu. Nous avons d茅fendu un standard ambitieux, volontaire, qui pourra faire 茅cole au niveau mondial et 锚tre utilis茅, y compris par des 茅metteurs d'obligations extra-europ茅ens. Et nous voulons ainsi limiter au maximum le greenwashing qui repeint trop souvent en vert des projets qui ne le sont pas. Et nous voulons apporter une pierre d茅cisive au financement des investissements verts.

听听Mikul谩拧 Peksa, on behalf of the Verts/ALE Group. 鈥� Madam President, dear colleagues, the reality of our current climate challenge and the other environmental challenges poses a major threat to how we as humankind operate, live our lives and realise our potential. That is the simple reality that we should take in every single time we vote on all related topics in the European 合法博彩网站. This is the major challenge of our lifetimes, and this challenge simply can鈥檛 be tackled only by public funds, and it can鈥檛 be ever solved without the deep investment and participation of the private sector.

Even more importantly, we can鈥檛 realistically think that we are going to save the climate if at the same time private funds would be flowing into projects that are great for the bottom line of the investors in the short term but disastrous to everybody else in the long run.

So yes, the final version of green bonds leaves a lot to be desired. Transparency is lacking and should be strengthened. The flexibility pockets should be much smaller, if they need to exist at all. But it鈥檚 a major step forward, because the European green bonds have potential to be a critical enabler for the green and digital transition.

听听Michiel Hoogeveen, namens de ECR-Fractie. 鈥� Voorzitter, stelt u zich voor: wij halen iemand van 200听jaar geleden naar onze tijd. Wat zou deze persoon dan vinden? Dat wij zijn of haar prachtige natuurlijke wereld hebben vernietigd? Of zou deze persoon zich verbazen over onze moderne samenleving met verwarming, koeling, schoon water, schone lucht, voedsel en elektriciteit voor iedereen?

200听jaar na de industri毛le revolutie zien wij dat het klimaat verandert. De concentratie van CO2 in de atmosfeer is gestegen en dit accelereert de opwarming. Geloof me, ik wou net zo graag als jullie dat de aarde een thermostaatknopje had en dat alternatieve brandstoffen ons zouden leiden naar een liefelijk leven in een groen Utopia.

Voorzitter, wij zeggen niet dat je niets moet doen aan klimaatbeleid. Tegelijkertijd moet het wel realistisch blijven. Dogmatisch streven naar arbitraire doelen zoals klimaatneutraliteit in 2050 is contraproductief. Het geloof in de maakbaarheid van de economie, de samenleving en het klimaat is te groot. Dat zien we terug in dit verslag, waarin wordt gezegd dat de uitgifte van gemeenschappelijke groene obligaties zal bijdragen aan een klimaatneutrale, duurzame, energie-effici毛nte, zuinige, circulaire en eerlijke economie. Los van de vraag welke projecten als 鈥済roen鈥� moeten worden geclassificeerd en wie daartoe mag beslissen, is het maar de vraag of ze rendabel zijn en rendabel blijven.

Het is niet nodig om apart groene obligaties uit te geven. We moeten juist af van dit soort centralistisch denken. Het zal leiden tot bureaucratie en regelzucht en houdt echte innovatie en vooruitgang tegen.

听听France Jamet, au nom du groupe ID. 鈥� Madame la Pr茅sidente, mes chers coll猫gues, informer les investisseurs qui souhaitent placer leur 茅pargne dans des activit茅s durables est tout 脿 fait louable. Cependant, la mise en place de ce label vert de plus, f没t-il public, f没t-il gratuit, ne permettra en rien d鈥檌dentifier la vertu de ces produits.

En effet, il reposera sur une perception partielle et partiale du caract猫re durable ou environnemental que vous avez vous-m锚mes d茅fini et malheureusement adoss茅 脿 la taxonomie europ茅enne. Taxonomie intrins猫quement d茅fectueuse, con莽ue 脿 coups de lubies id茅ologiques et de compromissions boutiqui猫res, dont le scandale du traitement inflig茅 脿 notre 茅nergie nucl茅aire est un parfait exemple. Vous avez pr茅f茅r茅 miser sur l鈥櫭﹐lien, sur terre et sur mer, qui nous co没te tr猫s cher et produit si peu et si mal. Aujourd鈥檋ui, les Fran莽ais en paient le prix fort.

L鈥櫭ヽologie ne doit pas se faire sur des labels frelat茅s, des visions d茅pass茅es ou mensong猫res, mais sur une politique coh茅rente fond茅e sur le localisme. Localisme que l鈥檕n peut tout 脿 fait appliquer 脿 la finance et au libre-茅change. Localisme qui promeut de fait des investissements durables puisque locaux. Localisme, enfin, qui mise sur des hommes et des femmes enracin茅s sur leur territoire, sur la nation organis茅e en 脡tat souverain, cadre fondamental de protection n茅cessaire 脿 la d茅fense de la libert茅 et de la s茅curit茅 des personnes, des familles et des peuples. L鈥檈mpire des normes ne se fera pas contre la r茅alit茅 des nations.

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Priek拧s膿d膿t膩jas vietnieks

听听Jos茅 Gusm茫o, em nome do Grupo The Left. 鈥� Senhor Presidente, o primeiro problema com este regulamento das obriga莽玫es verdes europeias 茅 que ele se faz por refer锚ncia 脿 taxonomia, o que significa que vamos ter obriga莽玫es verdes a financiar o g谩s natural e a energia nuclear.

O segundo problema 茅 que a aplica莽茫o deste regulamento 茅 volunt谩ria, o que quer dizer que vamos continuar a ter obriga莽玫es verdes que n茫o obedecem ao que 茅 estabelecido neste regulamento para as obriga莽玫es verdes, o que 茅 uma curiosa forma de regulamenta莽茫o.

E o terceiro problema 茅 que a certifica莽茫o ir谩 ser feita por agentes privados, 脿 semelhan莽a do que acontece com as ag锚ncias de rating, com os resultados que se conhecem. A presidente do BCE defendeu esta proposta.

Mais valia que o BCE e, j谩 agora, a Uni茫o Europeia estimulassem o investimento p煤blico, que 茅 a 煤nica via para conduzir a transi莽茫o energ茅tica: pol铆ticas p煤blicas, responsabilidade p煤blica, e n茫o a financeiriza莽茫o do ambiente, que nos falhou at茅 agora e vai continuar a falhar.

听听Herv茅 Juvin (NI). 鈥� Monsieur le Pr茅sident, Madame la Commissaire, chers coll猫gues, ne nous y trompons pas. Qu鈥檈st-ce qui distingue une obligation verte d鈥檜n contrat obligataire ordinaire? Rien. L鈥檈xigence de liquidit茅 est la m锚me. Le calcul du rapport risque-rendement est le m锚me et l鈥檈xigence de rendement de l鈥檌nvestisseur est le m锚me. Ce qui signifie que les obligations vertes sont l鈥檕ccasion pour la finance de march茅 de faire main basse sur la question environnementale.

Il faut le dire clairement, la finance de march茅 n鈥檈st pas la solution au financement des sujets environnementaux, c鈥檈st le probl猫me. Les exigences de rendement de la finance de march茅 sont incompatibles avec la transition 茅cologique, avec le financement de grands projets 茅cologiques.

Tr猫s clairement, la r茅ponse est d鈥檜ne autre nature que l鈥櫭﹎ission d鈥檕bligations sur le march茅 international. C鈥檈st celle des financements locaux o霉 le rendement est d鈥檃bord social et communautaire. C鈥檈st la promotion des biens communs inappropriables et qui ne doivent pas faire l鈥檕bjet d鈥檃ppropriation financi猫re. C鈥檈st enfin la refonte d鈥檜n domaine financier qui est aujourd鈥檋ui le principal responsable de la crise 茅cologique et qui, en aucun cas, ne peut apporter de solutions au financement de la crise 茅cologique.

听听Ralf Seekatz (PPE). 鈥� Herr Pr盲sident, verehrte Kolleginnen und Kollegen! Wir haben einen sehr hohen Investitionsbedarf, um die Klimaziele des 脺bereinkommens von Paris und des europ盲ischen Gr眉nen Deals zu erf眉llen. Um den 脺bergang zu einer nachhaltigeren Wirtschaft zu finanzieren, brauchen wir jedoch privates Kapital. Allein mit staatlichen Investitionen k枚nnen wir diesen enormen Investitionsbedarf nicht stemmen. Daf眉r ist es wichtig, gen眉gend Investoren an den Kapitalmarkt zu bringen und einen einheitlichen Standard f眉r gr眉ne Anleihen zu haben. Das momentane Durcheinander von Standards stellt ein Hindernis f眉r einen rasant wachsenden Markt dar. Um einen internationalen Goldstandard f眉r nachhaltige Finanzierung zu schaffen, brauchen wir aber einen pragmatischen Rahmen.

Ich bin erleichtert, dass es in langen Verhandlungen gelungen ist, dass der Pragmatismus am Ende gesiegt hat. Nur mit diesem Ansatz und ohne unn枚tige b眉rokratische H眉rden k枚nnen wir daf眉r sorgen, dass die Regeln vom Markt auch angenommen werden. Dabei ist es wichtig, dass Regeln f眉r nachhaltige Anleihen f眉r Unternehmen leicht zu verwenden und f眉r die Investoren auch leicht zu verstehen sind. Der Rahmen muss Orientierung geben und Transparenz in einem un眉bersichtlichen Markt schaffen und Greenwashing reduzieren. Dabei ist es auch der richtige Ansatz, st盲rker auf Freiwilligkeit zu setzen und so 眉berm盲脽igen b眉rokratischen Aufwand zu verhindern.

听听Niels Fuglsang (S&D). 鈥� Hr. formand! K忙re kolleger! K忙re kommiss忙r! Vi ved alle sammen, at det er forkert at lyve. De fleste af os l忙rer det som helt sm氓, men ikke alle l酶gne er liges氓 slemme som andre. Nogle l酶gne er harml酶se, s氓som: Du f氓r firkantede 酶jne af at se for meget fjernsyn. Andre l酶gne kan v忙re livsfarlige. Andre l酶gne kan v忙re med til at smadre vores planet lige foran os, som n氓r virksomheder vil have os til at tro, at de er gr酶nne eller b忙redygtige, selv om de ikke er det, fordi det f氓r os til at k酶be deres produkter, investere i deres aktier, 忙de deres l酶gne. Jeg taler her om "green washing", som desv忙rre er alt for udbredt i vores samfund. Med disse nye regler for et f忙lles gr酶nt obligationsm忙rke, der g酶r vi op med green washing. Vi laver nogle f忙lles regler for, at hvis du som virksomhed bruger dette gr酶nne obligationsm忙rke i EU, s氓 kan man v忙re sikker p氓, at der rent faktisk er noget om snakken. Det er vigtigt. Det er godt. Det skal vi st酶tte, fordi nogle l酶gne er s氓 farlige, at vi ikke skal se igennem fingre med dem.

听听Martin Hlav谩膷ek (Renew). 鈥� Pane p艡edsedaj铆c铆, pan铆 komisa艡ko, necht臎la byste si vz铆t na starosti i jin茅 膷谩sti Green Deal? Bylo by to jist臎 ve prosp臎ch spolupr谩ce Komise s Evropsk媒m parlamentem. Mo啪n谩 je to i proto, 啪e jsme zde s V谩mi v minulosti tak r谩di spolupracovali. J谩 to ned臎l谩m 膷asto, ale chci V谩m pod臎kovat, 啪e zv铆t臎zil rozum i logika. Opravdu oce艌uji, 啪e vyd谩v谩n铆 鈥瀦elen媒ch dluhopis暖鈥� m谩 b媒t na dobrovoln茅 b谩zi a 啪e ponech谩v谩me emitent暖m mo啪nost vybrat si i jin茅 tr啪n铆 standardy.

M谩m pouze jedinou v媒hradu, kter谩 zde objektivn臎 je a kterou bychom je拧t臎 m臎li zkusit napravit. P艡铆m茅 napojen铆 na taxonomii vytv谩艡铆 ur膷itou formu diskriminace ve dvou ohledech. Za prv茅 nem谩me v拧echny 膷innosti zat铆m pokryty taxonomi铆, tak啪e n臎komu tu mo啪nost d谩v谩me a n臎komu ji ned谩v谩me. A pokud n谩m jde o klima, je to o emis铆ch. N铆zkoemisn铆 a bezemisn铆 technologie jsou t铆mto p艡铆stupem tak茅 do jist茅 m铆ry omezov谩ny a j谩 mysl铆m, 啪e to je 拧koda, proto啪e trh je technologicky neutr谩ln铆 a m臎l by m铆t mo啪nost ocenit skute膷n臎 dosa啪en茅 v媒sledky, nikoliv politick茅 n谩zory na jednotliv茅 technologie.

听听Johan Nissinen (ECR). 鈥� Herr talman! Det demokratiska monstret EU forts盲tter att v盲xa allt snabbare. Nu ger man sig 盲ven p氓 de fria finansmarknaderna. Som vanligt tror sig EU vara en expert p氓 investeringar och vad som 盲r gr枚nt, socialt och vad som 盲r 枚nskv盲rt f枚r samh盲llet. Etiketter som gr枚na fonder och h氓llbara investeringar inneb盲r bara en politisering av v氓r ekonomi.

Vad investerarna egentligen beh枚ver 盲r en fri och neutral information utan statliga pekpinnar. Att avg枚ra vad som 盲r gr枚nt projekt kan vara subjektivt och kan variera beroende p氓 individuella tolkningar. S盲rskilt inom EU med alla politiska kompromisser, vilket riskerar att leda till att kapital spenderas felaktigt.

EU b枚r helt enkelt inte fastst盲lla n氓gra godtyckliga standarder alls, utan l氓ta marknaden vara fri och fatta innovativa beslut som leder till l氓ngsiktig tillv盲xt.

听听Marcel de Graaff (NI). 鈥� Voorzitter, dit voorstel voor Europese groene obligaties moet de prullenbak in. Ten eerste omdat de naam de koper misleidt. Het lijkt namelijk alsof het gaat om door de EU gesteunde, gedekte of uitgegeven obligaties. De EU mag helemaal geen obligaties uitgeven. En ten tweede omdat het hier gaat om een keurmerk waarbij milieueisen gelden voor de te financieren activiteiten, die dan ook nog eens gecentraliseerd door de EU moeten worden gecontroleerd. Deze eisen houden verband met fossiele brandstoffen en de uitstoot van CO2 en stikstof. Ten onrechte meent dit voorstel dat hier een klimaateffect van uit zou gaan. In een onlangs gepubliceerd collegiaal getoetst onderzoek van RealClimate.org wordt onomstotelijk vastgesteld dat aan de globale temperatuurschommelingen zonneactiviteit ten grondslag ligt. Alle kritiek op dit onderzoek is volledig weerlegd. Dat betekent dat elke grond onder dit activistische klimaatbeleid en dus onder dit keurmerk wegvalt. Stop hiermee.

听听Sirpa Pietik盲inen (PPE). 鈥� Arvoisa puhemies, ensinn盲 haluan kiitt盲盲 komissiota siit盲, ett盲 t盲m盲 ehdotus vihreist盲 joukkolainoista on tehty ja on my枚s erityisen t盲rke盲盲, ett盲 se on yhteensopiva taksonomian kanssa ja kehittynee sitten my枚s standardiltaan taksonomian my枚t盲 jatkossa samaan suuntaan.

Toivomustasosta tietysti pit盲盲 sanoa, ett盲 meid盲n kaikkien julkisten velkakirjojen ja yksityisten velkakirjojen pit盲isi olla vihreit盲, eik盲 niin, ett盲 vihreys on erityisarvo, josta sitten palkitaan. T盲h盲n lienee viel盲 poliittisesti jonkin verran matkaa, mutta uskon, ett盲 se sek盲 esittelij盲ll盲 kuin meill盲 t盲盲ll盲 parlamentissa on keskeisen盲 tavoitteena. Ja sinne menness盲 aivan samalla tavalla, kun k盲sittelemme ilmasto- ja ymp盲rist枚riski盲 osana my枚skin yksityisten investointien riski盲, meid盲n on my枚s julkisen rahoituksen v盲盲rist盲vi盲 fossiilisia tukirahasuuntauksia k盲sitelt盲v盲 riskiperusteisesti ja v盲hennett盲v盲 t盲t盲 rahoitusta ja pidemm盲ll盲 aikaj盲nteell盲 lopetettava se.

Mutta sit盲 odotellessa, toivotan parasta menestyst盲 vihreille joukkolainoille. Toivon, ett盲 jo seuraavalla vaalikaudella niiden kunnianhimotasoa voidaan nostaa ja my枚skin sit盲 systeemiajattelua, jolla otetaan kaikki ymp盲rist枚枚n vaikuttavat tekij盲t nykyist盲 laajemmin huomioon, varsinkin biodiversiteetti.

听听Eugen Jurzyca (ECR). 鈥� P谩n predsedaj煤ci, s煤hlas铆m s vy拧拧ou transparentnos钮ou a kontrolou pri finan膷n媒ch n谩strojoch, ktor茅 budeme ozna膷ova钮 za 鈥瀦elen茅鈥�.

Chyba n谩vrhu je v拧ak v听jeho byrokratick媒m pr铆stupe, pri ktorom politici a 煤radn铆ci rozhoduj煤 o tom, 膷o je zelen茅, 膷asto v rozpore s vedeck媒m poznan铆m.

Takto napr铆klad hrozilo, 啪e v媒roba energie z jadra nebude zaraden谩 do taxon贸mie, a teda nebude pova啪ovan谩 za ekologick煤.

Lep拧ou alternat铆vou by bolo, keby spolo膷nosti zverej艌ovali tvrd茅 ukazovatele, najm盲 celkov煤 uhl铆kov煤 stopu spolo膷nosti. Tak媒to syst茅m by bol jednoduch拧铆 na riadenie a investorom by sa 木ah拧ie posudzovalo, ktor茅 spolo膷nosti s煤 ve木k媒mi producentmi sklen铆kov媒ch plynov a ktor茅 robia najviac pre ich zn铆啪enie.

Tieto inform谩cie s煤 d么le啪it茅. Nie farba bondov.

听听Fabio Massimo Castaldo (NI). 鈥� Signor Presidente, onorevoli colleghi, signora Commissaria, come abbiamo fatto con il GDPR e come stiamo facendo con l'AI Act, 猫 imperativo creare standard globali anche nei mercati di capitali e il voto di domani va esattamente in questa direzione.

Questo regolamento 猫 un pezzo in pi霉 del puzzle per migliorare la credibilit脿 e, soprattutto, l'allocazione del denaro. Cos矛 facendo rispondiamo alle esigenze di quegli investitori e di quelle imprese che vogliono realmente contribuire alla pi霉 grande transizione della nostra storia.

Voglio ringraziare il relatore e amico Paul Tang per l'ottimo lavoro, anche perch茅 ha tracciato la via attraverso la quale si comprende bene che la crescita di questo mercato sar脿 esponenziale. Rafforzandolo, infatti, come mercato della finanza verde, si ridurr脿 anche il premio di rischio e il costo di finanziamento.

Ma ci貌 non basta. Se vogliamo veramente raggiungere gli obiettivi verdi, che ricordo essere legalmente vincolanti e non gratuiti, dobbiamo dotarci al tempo stesso di un bilancio comune UE che sia permanentemente finanziato da obbligazioni comuni su cui i capitali verdi raccolti privatamente possono fare leva. Penso, ad esempio, all'instaurazione di virtuose partnership, anche pubblico-private. Ma questo va fatto ora, non possiamo attendere e inseguire all'infinito gli effetti irreversibili di una crisi annunciata. Sarebbe assolutamente imperdonabile.

听听Alfred Sant (S&D). 鈥� Mr President, I come from a region where infrastructures, businesses and private property are already subject to the financial risks and damages being caused by climate change. We need sustained public and private investments able to contain these risks and reverse the damages. They must do so profitably. Soon they will become the best financial offer available to investors against the background of climate change.

Already, the market of retail and institutional investors that gives preference to green offerings is becoming substantial and will grow. It is a matter of urgency to create transparent and trustworthy conditions within which the market that is developing can progress fully.

This regulation is one step in the right direction that needs to cover the whole range of investment and financial dealings. Naturally, there are and will be areas of application whose scope will be ambiguous at first. They need to be cleared, and will have to be cleared, through reasonable compromise. But the priority of placing environmental 鈥� indeed, ESG 鈥� considerations at the heart of financial markets, as this regulation is doing with a gold standard for green bonds, must be confirmed.

听听Dorien Rookmaker (ECR). 鈥� Voorzitter, commissaris, mijnheer Tang, mag ik u feliciteren? Dit is een goed voorstel.

Groene obligaties zijn er altijd geweest. Althans, zolang ik heb gewerkt in de financi毛le sector. Het is heel goed dat we nu een keurmerk hebben, zodat iedereen weet wat hij koopt en zodat ook bedrijven en partijen die geld uit de markt willen halen, weten waar ze aan toe zijn. Als de vlag de lading dekt, zorgt het ervoor dat er minder rompslomp is, minder overleg en minder controles. Dat zal ook de kosten naar beneden brengen.

Of je wel of niet in groene obligaties wilt investeren, dat is altijd nog een vrije beslissing voor elke investeerder. Of je wel of niet onder de vlag van een groene investering geld uit de markt wilt halen, dat is ook een vrije beslissing. Dus ik kan deze regeling alleen maar toejuichen en ik ben daar zelf ook zeer ingenomen mee. Want dan denk ik: ja, hier is de Europese Unie nu voor bedoeld en dit helpt.

Catch-the-eye procedure

听听Billy Kelleher (Renew). 鈥� Mr President, I鈥檇 like to congratulate everybody involved in this file and particularly the chief rapporteur, Paul Tang. I would just say at the outset, we need to have integrity in our green bond system, and I think the European Union should become the global capital of sustainable finance.

Of course, this particular taxonomy got off to a very fractious start, when there was great debate about nuclear and gas and whether or not they should be included or not. Eventually it has settled, and we now have a situation where I believe that, as time evolves and as confidence grows in European green bonds, we will see the capital markets functioning properly, where companies and public authorities will be able to use finance in large-scale investments to ensure that there is sustainability in climate change obligations.

I would also like the Commissioner to propose that, as time goes on, we will become flexible in the area of issuance of green bonds and that agriculture and forestry and fisheries and other areas will be included at some stage into the future to ensure that those particular entities can transition as well, because they will play a very meaningful role in sustainability and environmental standards in the years ahead.

听听Mick Wallace (The Left). 鈥� Mr President, the purpose of the green bonds should be to speed up decarbonisation. Only companies that have detailed credible emissions reduction targets and plans and environmental strategies covering all their activities should benefit from the EU green bond label. The amendments we passed in the Environment Committee significantly improved the Commission鈥檚 proposal. These changes required that all bond issuers have climate transition plans and specifically excluded the use of offsets in these plans.

But these amendments were watered down in the plenary vote and the trilogue negotiations. The risk now is that the regulation will enable polluting companies to continue to pollute, as long as the proceeds from the bond sale are used for activities covered by the taxonomy regulation.

Europe鈥檚 banks have helped fossil fuel companies raise more than EUR听1听trillion from global bond markets since the Paris Agreement in 2016. The Green Bond Regulation will help tackle greenwashing by banks. It鈥檚 definitely a start, but banks need to stop supporting fossil fuel companies.

听听Jo茫o Pimenta Lopes (The Left). 鈥� Senhor Presidente, Senhora Comiss谩ria, a financeiriza莽茫o do ambiente tem tido v谩rias press玫es: a aposta em perversos mecanismos de mercado, nomeadamente o com茅rcio de licen莽as de emiss玫es, uma dita fiscalidade verde que transfere o 贸nus da degrada莽茫o ambiental do modo de produ莽茫o capitalista para os trabalhadores, a transforma莽茫o de bancos de desenvolvimento em bancos verdes, a propaganda em torno de produtos financeiros para a aplica莽茫o de poupan莽as.

As ditas obriga莽玫es verdes, sem trazerem particular inova莽茫o, n茫o deixam de se inserir nesta linha. Senhora Comiss谩ria, ao contr谩rio do que diz, n茫o s茫o as pessoas que t锚m raz玫es para celebrar. J谩 o capital financeiro, certamente.

Porque a pol铆tica ambiental da Uni茫o Europeia assenta, e muito, na cria莽茫o de mecanismos especulativos, desenhados na l贸gica da sacrossanta autorregula莽茫o dos mercados ao servi莽o dos lucros dos grandes grupos econ贸micos, aqueles que t锚m maiores responsabilidades na degrada莽茫o ambiental e cujo resultado tem tido efeitos nefastos do ponto de vista econ贸mico e social.

A defesa da natureza e do ambiente exige outras pol铆ticas, da defesa da produ莽茫o local 脿 promo莽茫o do transporte p煤blico, da abordagem normativa 脿 redu莽茫o de emiss玫es e 脿 promo莽茫o de alternativas energ茅ticas de dom铆nio p煤blico, a defesa da paz e coopera莽茫o entre os povos.

(End of catch-the-eye procedure)

听听Mairead McGuinness, Member of the Commission. 鈥� Mr President, thank you, colleagues, for all of these really important contributions. The first thing I would say is that this is not a theoretical debate. This is about the real world of channelling money, investments to the green transition. I am pleased that there is a big interest in this topic. Most people see the value of the work we have done together. Some would have liked more, some would have liked none. So I think we are in a very good place.

I would also remind ourselves when we are having a nice debate that we have done an awful lot together 鈥� this 合法博彩网站, the Council and the Commission 鈥� in the area of sustainable finance initiatives and we should value what we have done. For me, the real moment of success is that we make sure all of these fit together and work well together. And I think we have work to do in that area. So it鈥檚 really important that we keep discussing sustainable finance and how EU initiatives can best contribute.

I want to address some of the issues raised in the debate. So, firstly, raised by some colleagues in relation to the funding of nuclear projects, we have had our discussion on this. Nuclear is included in the Taxonomy Complementary Delegated Act so these nuclear projects can be funded using the green bond standard. But it is very, very important to stress that this will be clearly indicated in disclosure documents. So, should people want to invest in nuclear, it will be clear, and should investors not want to, that is also very clear. It goes to the point of the rapporteur, who鈥檚 behind me now. I thought you鈥檇 left the Chamber, but never. You always stay for all debates, Mr Tang. But just to say: your word on transparency is absolutely key.

Another point raised 鈥� I think the Member has left the Chamber, but there is a colleague who has remained 鈥� in the area of the taxonomy. The taxonomy does not cover, yet, all activities. This is absolutely true. But I think you have heard me say on many occasions that the taxonomy is a work in progress. It will be expanded to include many more activities. I know colleagues mentioned agriculture, forestry, fishery. I know that these are topics we will have to deal with in the future.

In relation to a comment made by the Member to my left around polluting companies continuing to pollute. No, no, no. The idea of us having standards and using this label is that not only will we have more sustainable economic activities, but those that are not sustainable today can use this if they have literally clear transition plans, and this shows their intent towards sustainability. And remember things are audited now and will be in the future.

On the question of speculation and markets raised by another colleague and about socially damaging: our work on sustainable finance is just beginning. Because in a very short period of months, we will have companies being judged not just on return on investment and profit. Profit is important, but we will equally be judging companies on their addressing sustainability issues. So investors can see very clearly those companies that are working towards this green and more digital future than we have today. That is a remarkable development and I hope we understand fully that we are all part of something that is unique that Europe is leading on. And we can 鈥� and I鈥檓 sure Paul Tang will encourage me 鈥� do much, much more.

So, our green bond standard is not here to replace existing standards. Indeed, it鈥檚 our intention that this standard will compete with those that are already in the marketplace and win over issuers and investors. Again, my sincere thanks to this House for putting the European green bond standard into the very best starting position and also for your continued commitment to this agenda, which is key in terms of achieving the green and digital transition.

And, as Paul will rightly have the last word, our rapporteur, can I just say thank you for your opening remarks focusing on trust, transparency and 鈥搘hat was the third one? 鈥� transition. How could I forget? Thank you for reminding me. It鈥檚 always good to have somebody behind you.

听听Paul Tang, rapporteur. 鈥� Mr听President, thank you, Commissioner, let me start by saying that financial markets are driven by data. Data are crucial for financial investments, so we have a whole industry of auditors, controllers, accountants, checks, double checks 鈥� and we need that, if it鈥檚 not only about financial return, if we want to take care of people and planets, we need data also on ESG.

Otherwise, we cannot change the investment decision. Otherwise, we cannot put people and planets also at the heart of the investment decision and give an equal place to profit. So sustainable finances need data, and that is why the implementation of the CSRD is so important 鈥� it provides the data for the investors to work with. So we need a good implementation.

And of course, this debate shows, this is a work in progress. I鈥檝e said that many times. We are building the sustainable finance framework and we have done five years now and we have the next five years to come. And it鈥檚 a massive job done in a short period of time. Thanks also to the very good cooperation with 合法博彩网站, Council and the Commission.

But, we still have a lot to do and I appreciate, especially the Commission, by looking forward, we need to make the EU GBS attractive 鈥� especially because it鈥檚 voluntary. But let鈥檚 also say what the next step is. We have reached a milestone, I agree with you, Commissioner, but we are also looking ahead for the next milestone. And I would like to remind also the 合法博彩网站 that the one advice from the ECB from the start was: 鈥楧on鈥檛 make it voluntary, make it mandatory鈥�. And with the reason that it becomes more transparent and everyone has to show what the investment is about. If it鈥檚 not just the financial return, it鈥檚 also people and planet. Everyone has to show what鈥檚 in what鈥檚 in the obligation.

So we need to move forward. And one opportunity is also their sustainability-linked bonds, which I think are an interesting instrument to finance transition. But then again, it鈥檚 also called the greenwashing machine. So we see new developments in the markets. Let鈥檚 make sure that this market develops so that transparency, trust and transition are at the heart and this also holds for the new instruments, because every product must be clear. There must be a market-wide principle: if you say that you鈥檙e green, you have to show that you鈥檙e green. That is important. And that is what we鈥檙e trying to do here. This is a milestone. I鈥檓 looking forward to the next.

听听President. 鈥� The debate is closed. The vote will take place tomorrow, Thursday听5听October.

Written statements (Rule 171)

听听And偶elika Anna Mo偶d偶anowska (ECR), na pi艣mie. 鈥� Aby rynek zielonych obligacji zacz膮艂 rzeczywi艣cie na du偶膮 skale finansowa膰 zielon膮 transformacje niezb臋dne jest wprowadzenie nowego czytelnego, prostego standardu obligacji z 鈥瀟wardym zakorzenieniem鈥� w taksonomii. Konkurencja na rynku obligacji jest zdrowym czynnikiem, a pr贸by jej ograniczania mog艂yby ostatecznie doprowadzi膰 do zmniejszenia 艣rodk贸w na ekologiczne inwestycje. Dlatego tak wa偶ne dla mnie by艂o utrzymanie dobrowolno艣ci standardu i ciesz臋 si臋, 偶e podj臋te pr贸by uczynienia go de facto obligatoryjnym nie powiod艂y si臋. Nie mn贸偶my dodatkowych kryteri贸w, nadmiernych wymog贸w wobec emitent贸w, nie dyskryminujmy tak偶e 偶adnych technologii uj臋tych w taksonomii. Niezwykle wa偶nym dla mnie i mojego kraju, Polski, by艂o w艂a艣nie zagwarantowanie, 偶e inwestycje m.in. w gaz i energi臋 nuklearn膮 ostatecznie nie b臋d膮 dyskryminowane! Ciesz臋 si臋 te偶, 偶e w wyniku negocjacji mi臋dzyinstytucjonalnych dali艣my emitentom wi臋ksz膮 elastyczno艣膰, umo偶liwiaj膮c alokowanie do 15% przychod贸w z emisji obligacji w innowacyjn膮 dzia艂alno艣膰, kt贸ra nie zosta艂a jeszcze uj臋ta w taksonomii, oraz wyd艂u偶aj膮c z 5 do 7 lat okres 鈥瀏randfatheringu鈥�. Kiedy desperacko szukamy pieni臋dzy na zielon膮 transformacj臋, nie mo偶emy wybrzydza膰 i r贸偶nicowa膰 zielonych technologii. Jak rzadko kiedy has艂o 鈥瀙ecunia non olet鈥� wydaje si臋 tu bardzo adekwatne. Nie rzucajmy zielonym inwestorom k艂贸d pod nogi, ale u艂atwiajmy im 偶ycie i realizowanie inwestycji.

听听Alexandr Vondra (ECR), in writing. 鈥� You all know that I鈥檓 not a big fan of the concept of sustainable finances 鈥� they add yet more criteria to economic considerations, thereby undermining the value of price as relevant information. Therefore, one might expect that I would also be an implacable opponent of European green bonds. But this is not the case. I understand that if some bonds are to be labelled as green, they must do so according to the same rules throughout the EU. The report we are going to vote on today initially wanted a lot more than was needed, but during the negotiations the overambitious ideas of the rapporteur, Paul Tang, were corrected into a form that can be lived with. Personally, I am especially happy that European green bonds do not push nuclear energy into a corner and offer more relaxed grandfathering rules. I will therefore vote in favour of Tang鈥檚 report and hope that my leftist colleagues will do so.