The impacts of climate change become more severe and the pressure on governments to act increases as each year passes. As part of their strategic responses to the risks and opportunities presented by climate change, investors are making overarching commitments to contribute to the transition towards net zero greenhouse gas emissions by significantly reducing the emissions associated with their investment portfolios. These commitments are spreading across portfolios. However, unlike other asset classes such as equities or corporate credit, there is currently no internationally agreed framework for assessing the climate-related risks and opportunities associated with sovereign debt instruments. Additionally, while there is a variety of sovereign data available, they can be incomplete, inconsistent or outdated. This limits investors’ ability to conduct appropriate climate-related financial analysis and to engage in an informed way with governments on climate change. Subsequently, the climate-related investment case remains unclear. [...]