SOGEI website background

Why governments need to issue just transition sovereign bonds and how they could do it

Why governments need to issue just transition sovereign bonds and how they could do it

It’s clear that 2020 has to be the year when the global financial system makes the irreversible shift towards alignment with climate security and sustainable development. One of the keys to success will be a significant increase in finance for the just transition – a transition which delivers a resilient and zero-carbon economy that is fair for all. Political support is growing fast, with 46 countries committing to introduce national plans for a just transition as part of efforts to ratchet up their climate efforts. Investor commitment is mounting too, with 159 institutions with $10.1 trillion in assets now backing a statement of support led by the Principles for Responsible Investment.[…]