Publication: Striking the Right Note: Key Performance Indicators for Sovereign Sustainability-Linked Bonds
Date
2021-11
ISSN
Published
2021-11
Author(s)
Flugge, Mark L.
Mok, Rachel C.K.
Stewart, Fiona E.
Abstract
The framework presented in the report
is intended to bridge the gap between what sovereign
investors will view as appropriately ambitious actions and
what issuing countries see as achievable targets. The
framework is intended to help investors with their
decision-making and can inform Ministries of Finance and
their debt management offices (DMOs) about what investors
want to know regarding their country’s sustainability
performance. The report findings may also inform creation of
financial instruments and market analyses beyond sovereign
sustainability-linked bonds (SLBs) and are relevant for a
broad range of stakeholders. These include regulators,
credit rating agencies, academics, as well as
nongovernmental organizations (NGOs), and civil society
groups which can be affected by the types of indicators
selected and outcomes of government policies.
Citation
“Flugge, Mark L.; Mok, Rachel C.K.; Stewart, Fiona E.. 2021. Striking the Right Note : Key Performance Indicators for Sovereign Sustainability-Linked Bonds. © World Bank, Washington, DC. http://openknowledge.worldbank.org/handle/10986/36805 License: CC BY 3.0 IGO.”