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The EU published a social bond framework on Wednesday morning, alongside a second party opinion from Sustainalytics. The framework is aligned with the ICMA social bond principles.
Funding for the SURE programme is expected to begin in the second half of October. Countries submit applications to the Commission for loans with an average maturity of 15 years in order to fund short-time work schemes or similar measures designed to protect employees and the self-employed as well as health-related measures in the workplace.
So far, the Commission has...