On 18 October, Austria made a splash as it sold the world’s first green treasury bills. It became the first sovereign to issue a short-term green debt instrument. Other sovereigns will pay attention, seeing if they can also tap into a growing demand for green debt. Austria has provided the template but issuing short-term green instruments will only make sense for those that have substantial and growing green bond programmes.
By Roberta CasaliOpenness to trade and investment lies at the heart of Asia’s rapid industrial development, income growth and poverty reduction over the past decades. Yet globalisation is now facing challenges on many fronts.
MEETINGS
Driving sustainable investment and climate resilience Thursday 27 October, Panel As COP27 approaches, this panel convened by OMFIF’s SPI and Sustainable Fitch examines the role of sustainable investment and the financial sector in building climate change mitigation and adaptation.
ON DEMAND
James Athey on inflation, Italy and QT James Athey, investment director at Abrdn, speaks to Burhan Khadbai, head of content at OMFIF’s Sovereign Debt Institute, about the outlook for the European government bond market.
LATEST REPORT
Absa Africa Financial Markets Index 2022 Now in its sixth year, the Absa Africa Financial Markets Index evaluates countries’ financial development based on measures of market accessibility, openness and transparency.