Cover IMF Working Papers
Sovereign ESG Bond Issuance: A Guidance Note for Sovereign Debt Managers
Author: Peter Lindner and Kay Chung1
  • 1 0000000404811396https://isni.org/isni/0000000404811396International Monetary Fund
Series:
IMF Working Papers
Volume/Issue:
Volume 2023: Issue 058
Language:
English
Publication Date:
10 Mar 2023
DOI:
https://doi.org/10.5089/9798400235047.001
ISBN:
9798400235047
ISSN:
1018-5941
Pages:
63
Keywords:
Bond issuance; Climate finance; ESG bonds; Green bonds; Public Financial Management; Social bonds; Sovereign debt management; Sustainable finance; Sustainability-linked bonds; ESG bond; ESG debt; ESG-focused investor; topology of ESG; Bonds; Corporate social responsibility; Sovereign bonds; Global
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
Download PDF (2.8 MB) Download Epub
This paper aims to provide guidance to issuers of sovereign ESG bonds, with a focus on Emerging Market and Developing Economies (EMDEs). An overview of the ESG financing options available to sovereign issuers is followed by an analysis of the operational requirements and costs that the issuance of sovereign ESG bonds entails. While green bonds are the instruments used to describe the issuance process, the paper also covers alternative instruments, including social and sustainability-linked bonds to provide issuers and other stakeholders with a comprehensive view of the ESG bond marketplace.
Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund