New report calls for the establishment of a ‘Nature and Climate Sovereign Bond Facility’March 01, 2021
This new report sets out a proposal to establish a ‘Nature and Climate Sovereign Bond Facility’. It provides governments and investors with the tools to recognise nature’s contribution to long-term sustainability and economic performance, at the same time providing urgent solutions to the debt crisis.
With the global market for green debt now totalling US$1.5 trillion, the time to accelerate the transition to greener debt markets is now. By advancing innovative instruments and pushing for standardised ways for nature and climate to be measured, the facility would create the conditions for sovereigns and their investors to rapidly advance a new generation of nature- and climate-linked sovereign debt investments.