Sovereign GSSS+ Bonds: Building Blocks for Climate Ambition Analysis

By Sustainalytics

Investor demand for sovereign green, social, sustainability, and sustainability-linked (GSSS+) bonds is growing. And with increasing scrutiny of climate goals, sovereign GSSS+ bonds may provide a signal of countries’ commitments to the Paris Agreement and meeting their nationally determined contributions (NDC). However, for investors looking to assess sovereign commitments and help drive meaningful climate impact, analyzing sovereign GSSS+ bonds in isolation may not be enough.

This report offers insight into how investors can leverage these instruments to assess countries’ climate commitments and help inform their capital allocation decisions. Beyond GSSS+ bond issuance, the report underscores how investors can strengthen their assessment of sovereign climate ambition by analyzing NDCs and/or examining GSSS+ bond issuance compared to total sovereign debt.

Get the report here