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.

All Bond spotlight Sustainability-Linked Bonds Climate risk pricing Fossil lending Nature loss Transparency Sovereigns and central banks Portfolio analysis Quantitative research

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.

The steps of a government building.

Blackpink or BlackGold? Short KNOC notes

29/03/2021

Korea lets go the BlackGold oil sand project and backs Blackpink COP26.

The steps of a government building.

Tar sand new issue alert: Korea National Oil Corporation

24/03/2021

Given KNOC's tar sand exposure, syndicating banks should request a carbon footprint on behalf of KNOC.

The steps of a government building.

The Reformed SSA Trader: "Be aware of" ideas of March

12/03/2021

A proposal for JICA to sell Japan sovereign CDS instead of funding coal.

The steps of a government building.

Green reputation hijacking: how multilateral green credit lines are used for Carmichael purposes

05/02/2021

In this report, we discuss how multilateral green credit lines are used.

The steps of a government building.

The Reformed SSA Trader: New Year's Exclusions

10/12/2020

In this report, we initiate our Supras, Sovereign and Agencies (SSAs) exclusion list.

The steps of a government building.

The ECB and Alberta's oil production tax holiday

26/10/2020

The ECB facilitates cheap funding for Alberta.

An ECB Rapid Decarbonisation Plan

20/10/2020

We suggest an approach for a rapid decarbonisation plan for the ECB.

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