Uruguay's Sovereign Sustainability-Linked Bond (SSLB)
SSLB Framework
The SSLB Framework links Uruguay's sovereign bond financing strategy to its climate and nature targets as established under the Paris Agreement. The Framework describes Uruguay's sustainable strategic priorities and sets out goals with respect to two Key Performance Indicators (KPIs), tied to the evolution of the intensity of Greenhouse Gas (GHG) emissions and the area of native forests in the country. The Sustainability Performance Targets (SPTs) are based on quantitative goals set for 2025 as established in the Nationally Determined Contribution (NDC).