Good practices of initiative:
1st Brazil's Sustainable Sovereign Bond Issuance
Relevance
It measures the alignment of the initiative with existing policy frameworks in the country. In addition, the scalability of the initiative to other realities and geographies is valued.
| Marco | Description | Ambit | Country | Source |
|---|---|---|---|---|
| Brazilian Sustainable Sovereign Bonds | Global | Brazil | Link |
Eficacy
This measures how well the objectives and goals set out in the initiative were fulfilled, as well as the extent to which the results achieved are attributable to the actions implemented by the initiative.
| Indicator | Description | Indicator Type | Measure Unit | Base date | Base | Goal | Measure Date | Measure | Compliance | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| Effectiveness | 13-11-2023 | 50-60% de los recursos asignados a gastos verdes | 01-01-1970 |
Sustentaibility
It measures the installed capacities or actions identified to maintain or improve the results of the policy initiative.
| Indicator | Description | Indicator Type | Measure Unit | Base date | Base | Goal | Measure Date | Measure | Compliance | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| Percentage of resources allocated to environmental and social categories | Sustainability | Percentage | 2023-11-13 | 50-60% ambiental, 40-50% social | Link |
Learned lessons
Gained knowledge from implementing, evaluating, and managing a policy intervention, including why it was or was not effective and how it could be improved in the future.
| Lesson | Description | Source |
|---|---|---|
| Balance between environmental and social categories: The framework establishes a balance between green and social expenditures, recognizing the importance of both aspects in sustainable development. | ||
| Alignment with international commitments: The framework is aligned with the Sustainable Development Goals (SDGs) and other international agreements, reinforcing Brazil's commitment to the global sustainability agenda. | Link | |
| Focus on priority areas: The need has been identified to focus on a specific subset of budget programs in each issue, rather than trying to cover all eligible areas simultaneously. | Link |