Uruguay Launches Sovereign Bond Linked to Climate Targets

Construction of wind turbines near Tarariras, in Uruguay’s Colonia department. Nearly all of the nation’s electricity comes from renewable sources, but its government is exploring new financing instruments, such as a sovereign green bond, to help other sectors in the transition to net-zero. (Image: Picardo Photography / Alamy)
By Fermín KoopBUENOS AIRES, Dec 23 2021 (IPS)
Sustainable finance…