European Green Bond Review Methodology

This document is a technical report that describes the methodology utilized by Anthesis for reviewing European Green Bonds (EuGB). It details the process in accordance with Regulation (EU) 2023/2631, outlining the framework for bonds marketed as environmentally sustainable. The report explains various aspects of the review processes, including pre-issuance and post-issuance evaluations, impact report assessments, and compliance checks with the EU Taxonomy. Furthermore, it documents the alignment of the review methodologies with EU Taxonomy requirements and financial transparency standards to ensure independent evaluations of green bond issuances. The report specifies the steps undertaken for each type of review, emphasizing the verification of the use of proceeds and the adherence to regulatory requirements. This includes assessing the issuer's project selection methodologies, management of funds, and the overall environmental impact of the bond's proceeds. Additionally, it outlines the importance of transparency and integrity throughout the review process.