How climate cuffs could save the planet, Markets in the time of Covid-19
Tuesday 27 October 2020 – Vol.11 Ed.44.2
Commentary: Climate cuffs could save the planet
By Michael Mainelli and Djellil Bouzidi
As temperatures rise, climate change is becoming increasingly costly. The world needs financial tools to turn down the economic thermostat. Sustainability-linked bonds (also called environmental policy performance bonds or environmental impact bonds) are one such instrument. Sovereign policy performance bonds linked to sustainability goals are ‘bond cuffs’ that would inspire more confidence in binding government targets.
| Read the full commentary and download the Sustainable Policy Institute Journal on the website. |
Meeting: Markets in the time of Covid-19
Wednesday 28 October, 15:00-16:00 GMT
Covid-19 has profoundly changed the global economic outlook. The International Monetary Fund and other institutions responded swiftly by implementing emergency measures and adjusting their assessments. Fabio Natalucci, deputy director of the monetary and capital markets department at the IMF, discusses the Fund’s Global Financial Stability Report and its outlook for the global economy.
Request to attend the meeting.
