Uruguay's Sovereign Sustainability-Linked Bond (SSLB)
Evolution of KPI-1: Reduction of aggregate gross GHG emissions per real GDP unit
This KPI aggregates the three main GHGs (CO2, CH4, and N2O) and the main sectors contributing emissions of each GHG (as set out in the 2017 NDC).
Estimation of aggregate gross GHG emissions and equivalence calculations are performed following robust, peer-reviewed, scientific standards set in the 2006 Intergovernmental Panel on Climate Change Guidelines for National Greenhouse Gas Inventories (IPCC 2006). In order to aggregate the three gases on a common basis, the international standard is used, currently the Global Warming Potential 100 AR5 metric.
More information on the calculation and methodology involved can be found in the “KPI Definitions and SPT Values” section.
Last available value: -46% (2022)
Sustainable Performance Target 1.1: Achieve a 50% reduction in GHG emissions intensity by 2025 from the 1990 reference year
Sustainable Performance Target 1.2: Achieve a 52% reduction in GHG emissions intensity by 2025 from the 1990 reference year
More information on the report and verification process of this KPI can be found in the “SSLB Annual Report” and "External Verification" sections, respectively.