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This fact sheet from the Climate Bonds Initiative details the issuance of a EUR 4.5 billion green sovereign bond (Green OLO) by the Kingdom of Belgium on March 5, 2018.

The Kingdom of Belgium issued a EUR 4.5 billion green government bond (OLO) to finance climate and environmental projects, with a primary focus on clean transport.

This fact sheet from the Climate Policy Initiative explains Catastrophe (CAT) bonds, which are high-yield debt instruments used by insurers and governments to transfer natural disaster financial risks to capital market investors. The document details the structural triggers of these bonds, the roles of various providers, the capacity requirements for implementation, and the specific challenges and solutions for different market maturity levels.

This guide from the Climate Policy Initiative explains debt-for-climate swaps, which are financial mechanisms that cancel, exchange, or refinance sovereign debt in return for commitments to invest the savings into climate mitigation, adaptation, or conservation. The document details the different types of swaps (bilateral and tripartite), the internal and regulatory capacities required by Ministries of Finance to implement them, and the financial market conditions that influence their viability. It also outlines the risks, pricing drivers, and common challenges associated with these instruments, while providing examples of successful implementations in countries like Ecuador, Belize, and Seychelles.

This guide by the Climate Policy Initiative explains the mechanics, risks, and implementation requirements for green bonds, which are fixed-income instruments used to finance projects with environmental or climate benefits. It details the capacity needs for sovereign and corporate issuers, the role of multilateral development banks (MDBs), and strategies for overcoming market barriers in emerging and shallow economies.

This guide from the Climate Policy Initiative explains parametric insurance, a financial tool that provides rapid, fixed payouts based on predetermined triggers (such as wind speed or rainfall) rather than assessed losses. It details the instrument's role in maintaining fiscal liquidity and debt sustainability, the capacity requirements for governments to implement it, and the various commercial and concessional providers available globally.

This policy brief by the Brookings Institution, published via the South African Institute of International Affairs, argues for strengthening the G20 Global Sovereign Debt Roundtable (GSDR) to address unsustainable debt in the Global South. The authors propose reforming the Common Framework for Debt Treatments (CF), integrating climate financing into debt management, and addressing the systemic drivers of high debt service costs, particularly for African nations.