Claims assessment · Instrument claim
Green bond
Typical treatment across five regimes. Every verdict below is tied to a stated legal hook.
Market comparison
How this claim is typically treated
Five major markets · one reviewed comparison
| Market | Typical treatment | Legal basis | What is required |
|---|---|---|---|
| European UnionEU | Restricted | View legal reasoningEU GBS Reg (EU) 2023/2631 — EuGB designation: ≥85% proceeds Taxonomy-aligned; ESMA-registered external reviewer | Use EuGB designation or state framework (ICMA GBP) + allocation/impact reports; no implied official status |
| United KingdomUK | Restricted | The cited source is recorded in the assessment. View legal reasoningFCA ESG Sourcebook context; ICMA GBP norm | Framework + SPO + post-issuance reporting |
| United StatesUS | Conditional | The cited source is recorded in the assessment. View legal reasoningSEC antifraud; ICMA GBP norm | Use-of-proceeds accuracy; impact reporting |
| CanadaCA | Conditional | The cited source is recorded in the assessment. View legal reasoningProvincial securities law; ICMA GBP norm | Same |
| AustraliaAU | Restricted | The cited source is recorded in the assessment. View legal reasoningASIC; Australian Sustainable Finance Taxonomy context | Framework + assurance |