The role of green bonds – discussed during a meeting on Greening debt capital markets in the EU’s Eastern Partner countries and Kazakhstan

The event took place virtually on 09-10 June 2022. The major objective of this meeting was to discuss and calibrate the main findings and conclusions that have emerged from the analysis of the role that debt capital markets in the EU’s Eastern Partner (EaP) countries and Kazakhstan could play in financing long-term green investments. More specifically, the discussion sought to review the main elements identified in the draft report, including:

• opportunities for, and constraints to, local capital markets to raise and scale up finance for green investments;
• experience of countries from other regions of the world with issuing green bonds;
• capacity-building needs across relevant stakeholders;
• priority areas of further work and how the OECD, EU and other donors and International Finance Institutions (IFIs) could help catalyse the use of green finance.

The meeting brought together government representatives from the EaP countries and Kazakhstan, market regulators, and market participants. Experts from the EU Member States, the European Commission, international organisations, IFIs, and other relevant international bodies (verifiers, service providers) were also invited to take part in the meeting.

The event was organised as part of the “European Union for Environment” Programme (EU4Environment) with support from the European Union and Germany’s Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection (BMU).