Uruguay's Sovereign Sustainability-Linked Bonds (SSLB)
Framework for the sovereign issuance of SSLB
Uruguay's SSLB Framework describes Uruguay's sustainability strategy and policy priorities and sets out goals with respect to two key performance indicators (each a KPI):
(i) one KPI relates to aggregate greenhouse gas (GHG) emissions intensity, expressed in carbon dioxide equivalent (CO2eq) per real GDP unit (KPI-1), and
(ii) the other KPI relates to preservation of Uruguay’s native forest area (KPI-2).
This SSLB Framework is aligned with the 2020 Sustainability-Linked Bond Principles (SLBPs), as administered by the International Capital Market Association (ICMA), according to the Second Party Opinion of Morningstar Sustainalytics.
