Paving the Path : Lessons from Chile’s Experiences as a Sovereign Issuer for Sustainable Finance Action
Climate risks are on the rise globally. For emerging market countries such as Chile, these risks can manifest as an increased propensity for drought, wildfires, flood events, and landslides. As a result, governments are increasingly prioritizing po...
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/en/459991621583141166/Paving-the-Path-Lessons-from-Chile-s-Experiences-as-a-Sovereign-Issuer-for-Sustainable-Finance-Action http://hdl.handle.net/10986/35683 |
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okr-10986-356832021-06-08T05:10:55Z Paving the Path : Lessons from Chile’s Experiences as a Sovereign Issuer for Sustainable Finance Action Boitreaud, Sebastien Emery, Teal Gonzales, Luis Gurhy, Bryan Larrain, Felipe Paladines, Cindy GREEN BONDS SOVEREIGN DEBT ENVIRONMENTAL SUSTAINABILITY SOCIAL BOND SUSTAINABLE GROWTH SUSTAINABLE BOND Climate risks are on the rise globally. For emerging market countries such as Chile, these risks can manifest as an increased propensity for drought, wildfires, flood events, and landslides. As a result, governments are increasingly prioritizing policy solutions that will support an economic transition to mitigate the impact of climate change while also supporting households and communities as they adapt to the changing risk landscape. The financial sector is playing a key role in supporting a just economic transition. For many emerging market countries, the sovereign is the largest issuer of domestic debt, and the instruments and issuance path they choose can be key toward influencing downstream financial sector activity. For their part, global investors are becoming more attuned to the environmental, social, and governance (ESG) factors that underpin sovereign debt instruments. This report explores Chile’s sovereign issuer options, opportunities, and challenges through the lens of its recent decisions to issue green, social, and sustainable debt instruments. 2021-06-07T19:18:12Z 2021-06-07T19:18:12Z 2021-05-24 Report http://documents.worldbank.org/curated/en/459991621583141166/Paving-the-Path-Lessons-from-Chile-s-Experiences-as-a-Sovereign-Issuer-for-Sustainable-Finance-Action http://hdl.handle.net/10986/35683 English Equitable Growth, Finance and Institutions Insight; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Financial Sector Study |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English |
| topic |
GREEN BONDS SOVEREIGN DEBT ENVIRONMENTAL SUSTAINABILITY SOCIAL BOND SUSTAINABLE GROWTH SUSTAINABLE BOND |
| spellingShingle |
GREEN BONDS SOVEREIGN DEBT ENVIRONMENTAL SUSTAINABILITY SOCIAL BOND SUSTAINABLE GROWTH SUSTAINABLE BOND Boitreaud, Sebastien Emery, Teal Gonzales, Luis Gurhy, Bryan Larrain, Felipe Paladines, Cindy Paving the Path : Lessons from Chile’s Experiences as a Sovereign Issuer for Sustainable Finance Action |
| relation |
Equitable Growth, Finance and Institutions Insight; |
| description |
Climate risks are on the rise globally.
For emerging market countries such as Chile, these risks can
manifest as an increased propensity for drought, wildfires,
flood events, and landslides. As a result, governments are
increasingly prioritizing policy solutions that will support
an economic transition to mitigate the impact of climate
change while also supporting households and communities as
they adapt to the changing risk landscape. The financial
sector is playing a key role in supporting a just economic
transition. For many emerging market countries, the
sovereign is the largest issuer of domestic debt, and the
instruments and issuance path they choose can be key toward
influencing downstream financial sector activity. For their
part, global investors are becoming more attuned to the
environmental, social, and governance (ESG) factors that
underpin sovereign debt instruments. This report explores
Chile’s sovereign issuer options, opportunities, and
challenges through the lens of its recent decisions to issue
green, social, and sustainable debt instruments. |
| format |
Report |
| author |
Boitreaud, Sebastien Emery, Teal Gonzales, Luis Gurhy, Bryan Larrain, Felipe Paladines, Cindy |
| author_facet |
Boitreaud, Sebastien Emery, Teal Gonzales, Luis Gurhy, Bryan Larrain, Felipe Paladines, Cindy |
| author_sort |
Boitreaud, Sebastien |
| title |
Paving the Path : Lessons from Chile’s Experiences as a Sovereign Issuer for Sustainable Finance Action |
| title_short |
Paving the Path : Lessons from Chile’s Experiences as a Sovereign Issuer for Sustainable Finance Action |
| title_full |
Paving the Path : Lessons from Chile’s Experiences as a Sovereign Issuer for Sustainable Finance Action |
| title_fullStr |
Paving the Path : Lessons from Chile’s Experiences as a Sovereign Issuer for Sustainable Finance Action |
| title_full_unstemmed |
Paving the Path : Lessons from Chile’s Experiences as a Sovereign Issuer for Sustainable Finance Action |
| title_sort |
paving the path : lessons from chile’s experiences as a sovereign issuer for sustainable finance action |
| publisher |
World Bank, Washington, DC |
| publishDate |
2021 |
| url |
http://documents.worldbank.org/curated/en/459991621583141166/Paving-the-Path-Lessons-from-Chile-s-Experiences-as-a-Sovereign-Issuer-for-Sustainable-Finance-Action http://hdl.handle.net/10986/35683 |
| _version_ |
1764483564959694848 |