Social Bonds Can Help Mitigate the Economic and Social Effects of the COVID-19 Crisis

Social bonds have become an increasingly popular fixed-income product since the Social Bond Principles were published in 2017, and their growth and popularity have accelerated in recent months due to the onset of the COVID-19 pandemic and the resul...

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Main Authors: Peeters, Sophie, Schmitt, Maud, Volk, Ariane
Format: Brief
Language:English
Published: International Finance Corporation, Washington, DC 2020
Subjects:
Online Access:http://documents.worldbank.org/curated/en/341541606193433654/Social-Bonds-Can-Help-Mitigate-the-Economic-and-Social-Effects-of-the-COVID-19-Crisis
http://hdl.handle.net/10986/34853
id okr-10986-34853
recordtype oai_dc
spelling okr-10986-348532021-04-23T14:02:10Z Social Bonds Can Help Mitigate the Economic and Social Effects of the COVID-19 Crisis Peeters, Sophie Schmitt, Maud Volk, Ariane SOCIAL BOND SOCIAL ASSISTANCE CORONAVIRUS COVID-19 PANDEMIC RESPONSE EMERGING MARKET ECONOMIES SUSTAINABILITY Social bonds have become an increasingly popular fixed-income product since the Social Bond Principles were published in 2017, and their growth and popularity have accelerated in recent months due to the onset of the COVID-19 pandemic and the resulting need for new funding avenues to address the unforeseen economic and social disruptions. Since the outbreak of the crisis, global issuances of social bonds have risen considerably, and an increasing number of market participants have turned to IFC, a prolific and experienced issuer of social bonds, for advice on how to set up Social Bond Programs and Social Bond Frameworks. The hope now is that social bonds can become a significant method for financing projects that mitigate the socioeconomic impact of the current health crisis, and that the growing use of and interest in these bonds can be sustained post-crisis. 2020-12-02T15:02:00Z 2020-12-02T15:02:00Z 2020-08 Brief http://documents.worldbank.org/curated/en/341541606193433654/Social-Bonds-Can-Help-Mitigate-the-Economic-and-Social-Effects-of-the-COVID-19-Crisis http://hdl.handle.net/10986/34853 English EMCompass;Note 89 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo International Finance Corporation International Finance Corporation, Washington, DC Publications & Research Publications & Research :: Brief
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic SOCIAL BOND
SOCIAL ASSISTANCE
CORONAVIRUS
COVID-19
PANDEMIC RESPONSE
EMERGING MARKET ECONOMIES
SUSTAINABILITY
spellingShingle SOCIAL BOND
SOCIAL ASSISTANCE
CORONAVIRUS
COVID-19
PANDEMIC RESPONSE
EMERGING MARKET ECONOMIES
SUSTAINABILITY
Peeters, Sophie
Schmitt, Maud
Volk, Ariane
Social Bonds Can Help Mitigate the Economic and Social Effects of the COVID-19 Crisis
relation EMCompass;Note 89
description Social bonds have become an increasingly popular fixed-income product since the Social Bond Principles were published in 2017, and their growth and popularity have accelerated in recent months due to the onset of the COVID-19 pandemic and the resulting need for new funding avenues to address the unforeseen economic and social disruptions. Since the outbreak of the crisis, global issuances of social bonds have risen considerably, and an increasing number of market participants have turned to IFC, a prolific and experienced issuer of social bonds, for advice on how to set up Social Bond Programs and Social Bond Frameworks. The hope now is that social bonds can become a significant method for financing projects that mitigate the socioeconomic impact of the current health crisis, and that the growing use of and interest in these bonds can be sustained post-crisis.
format Brief
author Peeters, Sophie
Schmitt, Maud
Volk, Ariane
author_facet Peeters, Sophie
Schmitt, Maud
Volk, Ariane
author_sort Peeters, Sophie
title Social Bonds Can Help Mitigate the Economic and Social Effects of the COVID-19 Crisis
title_short Social Bonds Can Help Mitigate the Economic and Social Effects of the COVID-19 Crisis
title_full Social Bonds Can Help Mitigate the Economic and Social Effects of the COVID-19 Crisis
title_fullStr Social Bonds Can Help Mitigate the Economic and Social Effects of the COVID-19 Crisis
title_full_unstemmed Social Bonds Can Help Mitigate the Economic and Social Effects of the COVID-19 Crisis
title_sort social bonds can help mitigate the economic and social effects of the covid-19 crisis
publisher International Finance Corporation, Washington, DC
publishDate 2020
url http://documents.worldbank.org/curated/en/341541606193433654/Social-Bonds-Can-Help-Mitigate-the-Economic-and-Social-Effects-of-the-COVID-19-Crisis
http://hdl.handle.net/10986/34853
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