GREEN, SOCIAL AND SUSTAINABLE BOND MARKETS
In addition to ICMA, the members of the group represent a wide variety of financial and economic actors as well as non-governmental agencies and academics. In determining the composition of the TEG, the Commission has considered the technical expertise of the candidates, the need for a balanced representation of relevant knowhow from financial and real economic actors, geographical coverage and gender. A number of European and international institutions contributing to the development of sustainable finance have also been invited as members or observers to the Group. They include representatives from the European Supervisory Authorities, the European Central Bank, multilateral development banks (such as the European Investment Bank and the European Bank for Reconstruction and Development), the European Environment Agency, the United Nations Environment Programme Finance Initiative, the Central Banks and Supervisors Network for Greening the Financial System, and the Organisation for Economic Co-operation and Development. The TEG will hold its first meeting in early July. Its mandate will run until 30 June 2019, with possible extension until the end of 2019.
Contact: Nicholas Pfaff nicholas.pfaff@icmagroup.org
The Commission further announced on 13 June the establishment of the Technical Expert Group on Sustainable Finance on which ICMA has been nominated.
44 | ISSUE 50 | Third Quarter 2018 | icmagroup.org