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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.
Framework Description Ambit Country Source
Brazilian Sustainable Sovereign Bonds Global Brazil Link
Effectiveness
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
Sustainability
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