Open on EUR-Lex ↗

Recital 6

Recital 6

(6)In ensuring alignment with the objectives of the Paris Agreement, and given existing divergences and the absence of common rules, it is likely that Member States will adopt diverging measures and approaches, which will in turn have a direct negative impact on, and create obstacles to, the proper functioning of the internal market, and be detrimental to issuers of environmentally sustainable bonds. The parallel development of market practices based on commercially driven priorities that produce divergent results may cause market fragmentation, and risks further exacerbating inefficiencies in the functioning of the internal market. Divergent standards and market practices make it difficult to compare different bonds, create uneven market conditions for issuers, cause additional barriers within the internal market and increase the risks of greenwashing and distorting investment decisions.

Official text · the act as publishedFrom the act as published (consolidated texts do not carry recitals or the preamble). Open full page ↗
4 queries · page built in 6 msInventory f82bbfa3