Sovereigns and central banks

Analyses of Supranational, Sovereign 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.

ECB climate policy and EUR bond dynamics

11/01/2023

We explore the ECB's clear shift in its climate policy framework.

ECB climate policy: Paradigm shift

10/01/2023

An ECB speech indicates a paradigm shift in terms of central bank climate policy.

Tilt and run again - Bank of England is selling corporate bonds

04/11/2022

We explore how the Bank of England intends to green its portfolio.

Environmental gilt

03/10/2022

In this report, we analyse how corporate sterling green bonds performed amid volatility in the UK markets.

What if...the ECB had decarbonised its portfolio from the start?

20/09/2022

We look into how the ECB can decarbonise its portfolio.

Tilt and Run: ECB climate policy update

05/07/2022

The ECB announces further steps to incorporate climate change into their monetary policy operations.

The steps of a government building.

The Reformed SSA Trader: Kreditanstalt Fossil Wiederaufbau?

01/07/2022

Recent developments put KfW's green bond investors in an awkward position.

Wind-down (of CSPP) is coming

08/06/2022

Inflation is pushing central banks to act on their green portfolios.

SFDR subsidiary ESG disclosures: ESMA clarifications

03/06/2022

ESMA clarifications are useful to avoid circumvention of certain end investors’ sustainability criteria.

Chile sustainability-linked bond: Optionality analysis

05/04/2022

Chile’s SLB issuance is constructed with a set of robust KPIs.

Sri Lanka: restructuring with biodiversity links?

10/02/2022

Its natural to include sustainability criteria in a restructuring of Sri Lanka's USD bonds.

SSA carbon exposures: JBIC New Year's announcement

11/01/2022

A report covering JBIC's recent loan facility to a key Russian oil company.