Head of Research, Market Intelligence, Climate Bonds Initiative
Lead Financial Sector Specialist, World Bank
Executive Director, NatureFinance
Check-in and coffee11AM-11.30AM (CET)
- Chair: Jeromin Zettelmeyer, Director
- Alexander Lehmann, Non-resident fellow
- Fiona Stewart, Lead Financial Sector Specialist, World Bank
- Simon Zadek, Executive Director, NatureFinance
- Caroline Harrison, Head of Research, Market Intelligence, Climate Bonds Initiative
Ask questions on Sli.do using code #sustainability
There is a need to finance the transition to a nature positive, net-zero world in an increasingly stressed context of climate change, biodiversity loss and unsustainable sovereign debt levels. Today’s sovereign debt markets do not take adequate account of climate and nature risks, and do not reward sovereigns that invest in the regeneration of nature and climate resilience critical to their sustainable development. Moreover, sovereign debt markets are ill-suited to increasingly frequent external shocks, driving a vicious cycle of under-investment, sovereign fragility, and extreme debt distress.
At this event, NatureFinance will draw on their new paper on ‘More for less – scaling sustainability-linked sovereign debt’ and Bruegel on our ‘The potential of sovereign sustainability-linked bonds in the drive for net-zero’ target: the potential of sovereign sustainability-linked bonds’. The panellists will discuss how the issuance of sustainability performance-linked sovereign bonds that reward climate and nature outcomes can catalyse the called-for revolution in sovereign debt markets.
This event is organised in partnership with NatureFinance.
Public | On the record