Sovereigns and central banks

Analyses of Sovereigns, Supranationals and Agencies (SSAs) as debt issuers and policymakers. We review the role of central banks and regulatory authorities in setting market standards and their approaches to decarbonisation.

All Bond spotlight Sustainability-Linked Bonds Climate risk pricing Fossil lending Nature loss Transparency Sovereigns and central banks Portfolio analysis Quantitative research

Japan's transition bonds

24/02/2026

Japan’s climate leadership boosted by ICMA guidelines

日本のトランジションボンド市場

24/02/2026

Japan's climate leadership boosted by ICMA guidelines

Thailand: linking bonds to NDC targets

05/02/2026

Ambitious NDC makes Thailand a candidate for a transition linker

New biodiversity SLB underpins Chile’s leading role

07/01/2026

First SLB linked to the 30x30 target

Belém: that carbon sinking feeling?

30/10/2025

The COP30 summit in Belém is taking place at a challenging moment in climate politics.

The steps of a government building.

Pricing bonds on Australia’s 2035 NDC commitments

30/10/2025

An analysis of Australia's 2035 transition targets in bond price terms.

Transition linkers in Latin America

01/10/2025

Adapting the transition linker concept for Latin America

The steps of a government building.

Twin bonds: recap ahead of Denmark’s EuGB issuance

19/09/2025

Greeniums of ‘twin bonds’ vary by country, while Denmark stands out

The steps of a government building.

ツインボンド:デンマークのEuGB発行に先立つ要約

19/09/2025

Greeniums of ‘twin bonds’ vary by country, while Denmark stands out

The reformed SSA trader: Please shower before entering the pool

15/08/2025

If the ECB's new climate transition risk analysis on its collateral were extended to bank bankds, it would be order of magnitudes more impactful.

The steps of a government building.

Philippines: supercharging the transition

14/08/2025

Sustainability-Linked Bond could incentivise country’s transition

Biodiversity risks in government bond portfolios

24/07/2025

Optimisation can bring EM bond portfolios closer to 30x30 target

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