COP27 Event: Stepping out of the Comfort Zone: What’s next for Sustainability-Linked Financing?

Tuesday, 8 November - The Bellona Pavilion

17:30 – 18:30 EET: Stepping out of the Comfort Zone: What’s next for Sustainability-Linked Financing?

The Sustainability-Linked Sovereign Debt Hub is delighted to be organising an event, Stepping out of the Comfort Zone: What’s next for Sustainability-Linked Financing?, at the Bellona Pavilion during COP27 on the 8th November. This session will debate how capital from Development Finance Institutions (DFIs) and the donor community could be best utilised to catalyse progress in nature and climate commitments, while improving market access and reducing the cost of sovereign debt.

‍

Context

We have seen two (investment grade) sovereigns, Chile and Uruguay, break new ground this year by issuing sovereign Sustainability-Linked Bonds (SLBs) – setting the stage for further growth of an asset class that is attracting increasing investor interest. The question is how to build on this momentum and start to mobilise capital at scale for the large set of countries actively engaging with the debt-nature-climate challenge?

‍

Speakers:

• Herman Kamil, Head of Sovereign Debt Management, Uruguay
• Michael Hugman, Director, Finance – Climate, Children’s Investment Fund Foundation (CIFF)
• Nazmeera Moola, Chief Sustainability Officer, Ninety One
• Justin Mundy, Senior Advisor, Sustainability-Linked Sovereign Debt Hub (SSDH)
• Danny Alexander, Vice President, Asian Infrastructure Investment Bank (AIIB)
• Anderson Caputo Silva, Lead Financial Sector Specialist, World Bank (virtual)
• Moderator: Fiona Stewart, Lead Financial Sector Specialist, World Bank

‍