Finance
Sweden Says EU Plan to Hit World’s Busiest Green Debt Market
- Swedish buildings eligible for green bond funding face big cut
- Varying national energy rules make common ground hard to find
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Sweden is fighting a draft European climate measure that it says could harm its world-beating green bond market.
The European Commission, which wants to steer investors to socially and environmentally sustainable assets, is proposing that only buildings certified as super-energy efficient by national authorities be included in its taxonomy. Being excluded would make financing more expensive.