Sustainability regulations meet government bond stumbling block
European regulators are debating whether government bonds should feature in the final disclosure requirement. The CFA Institute advocates for including all investments to prevent "cherry-picking", while the chair of EU parliament's environmental committee says now is not the time to try and apply the sustainable-activities list to the bonds.
![Photo: Dado Ruvic/REUTERS / X02714](https://photos.watchmedier.dk/watchmedier/resize:fill:3840:0:0/plain/https://photos.watchmedier.dk/Images/article13300411.ece/ALTERNATES/schema-16_9/doc7hmvpp7kvo6jjda6m8y.jpg)
By Frances Schwartzkopff and John Ainger / BLOOMBERG
Europe's effort to prod investors to the front lines of the climate change fight is hitting a snag: confusion over how to treat EUR 12.4tn of central government debt, the biggest slice of the bond market.
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