The EU has issued more than €65 billion of “Green Bonds” over three years and is “on track to becoming the largest issuer of Green Bonds in the world” according to the annual report on NextGenerationEU (NGEU) Green Bonds Impact and Allocation. The goal is to issue 30% of the NextGenerationEU financing through Green Bonds, which are expected to generate €264.6 billion of green investments in key sectors such as clean transport, clean energy and energy efficiency, with a climate impact and subsequent reduction in greenhouse gas emissions by around 55 million tons per year within the Union, which is 1.5% of all greenhouse gas emissions in the EU. Since 2022, there has also been a Green Bond Dashboard which shows how the financing raised from NextGenerationEU Green Bonds is invested. The data also show that the Commission is issuing green bonds in line with the highest standards and best market practices. Furthermore, according to Commissioner for Budget Johannes Hahn, “NGEU Green Bonds provide a unique combination to investors” as “they are safe, sustainable, and successful”.