The IIF was pleased to host a special one-hour webinar that brought together two notable current themes in sovereign debt markets, highlighting the transformative potential of sustainable finance as a way to address potential future challenges for emerging market debt sustainability.
As policymakers around the world seek ways to “build back better” from the COVID-19 health crisis and recession, debt instruments aligned with the sustainable development goals (SDGs) clearly have tremendous potential to promote sustainable economic recovery. A recent LSE policy briefing has put this in the context of debt sustainability, proposing a trio of sustainable finance innovations that could enable emerging and developing economies to overcome debt-related liquidity and solvency problems, thus supporting their ability to fund sustainable development goals. The IFC’s latest assessment of emerging market hard-currency bonds, highlights how governments and issuers are exploring green and social bond issuance as a way of raising capital for sustainable economic recovery.
To explore these issues from a range of perspectives, this webinar featured speakers from the LSE, Ninety One, and the IFC who discussed the ways that sustainable finance innovation could help avoid an emerging market debt crisis.
- Nick Robins, Professor in Practice, Sustainable Finance, LSE
- Alexandra Pinzón, Policy Fellow, Conservation Finance, LSE
- Mike Hugman, Portfolio Manager, Global Emerging Market Debt, Ninety One
- Jean-Marie Masse, Chief Investment Officer, IFC
- Sonja Gibbs, Managing Director and Head of Sustainable Finance, Global Policy Initiatives, Institute of International Finance