Green bonds set for shake up as EU agrees rules for sustainable financial products

BRUSSELS (Reuters) - The $200 billion (£155.88 billion) green bond market is set for a shake up after the European Union on Thursday reached a deal on a new set of rules governing which financial products can be called "green" and "sustainable". Under the agreement, all financial products that claim to be green or sustainable will have to disclose exactly what proportion of their investments are environmentally friendly."With credible and ambitious definitions for sustainable investment the EU..