Waqas Samad has launched the world’s first bond index to weigh products based on how prepared their governments are to mitigate and adapt to climate change. The FTSE Climate Risk-Adjusted World Government Bond Index (Climate WGBI) will enable sovereign debt investors to include climate change risks in their decision-making. Sovereign bonds across 22 developed nations will be ranked using data from the FTSE World Government Bond Index, which is then processed through metrics from analytics provider Beyond Ratings.
FTSE Russell has launched the world’s first bond index to weigh products based on how prepared their governments are to mitigate and adapt to climate change. The FTSE Climate Risk-Adjusted World Government Bond Index (Climate WGBI) will enable sovereign debt investors to include climate change risks in their decision-making. Sovereign bonds across 22 developed nations will be ranked using data from the FTSE World Government Bond Index, which is then processed through metrics from analytics provider Beyond Ratings.