Green bonds are a key tool for governments to raise capital to implement infrastructure plans in line with national climate targets, as governments move to achieve their Nationally Determined Contribution (NDC) targets, as set in the Paris Agreement and the international Sustainable Development Goals (SDGs). A sovereign green bond can provide a strong signal of the country’s commitment to a low-carbon economy, help bring down the cost of capital for green projects by attracting new investors, and mobilise private capital towards sustainable development.

This briefing covers:

• The benefits of issuing a sovereign green bond
• A simple step-by-step guide on how to issue
• Case studies of sovereign green bonds and examples of sub-sovereign issuances