EU Commission announces new funding strategy

The European Commission is realigning its capital market presence from the start of next year. „We will switch to a uniform funding strategy in 2023: In the future, there will no longer be bonds separated by individual programs, but only EU bonds,“ Siegfried Ruhl, Hors Classe Adviser for the Brussels authority’s capital markets department, told Europe.Table. In the past, the Commission had issued the bonds under different programs such as NextGenerationEU (NGEU) or SURE. Green bonds, on the other hand, will continue to have their own labeling and thus distinction from conventional EU bonds. „It is important for investors in green bonds to be able to transparently track which sustainable projects their money has gone into. It also remains our commitment to finance 30 percent of NGEU through green bond issuance.“