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Sustainability-linked bonds: what can we learn from Rwanda?

By Pilar Garrido and Kampeta Sayinzoga
Kigali: the BRD’s landmark sustainability-linked bond issuance aligns with Rwanda’s Vision 2050 strategy to establish its capital as an international financial hub (Photo: Bing Guan/Bloomberg)
Kigali: the BRD’s landmark sustainability-linked bond issuance aligns with Rwanda’s Vision 2050 strategy to establish its capital as an international financial hub (Photo: Bing Guan/Bloomberg)

Pilar Garrido is director for development co-operation at the OECD, and Kampeta Sayinzoga is chief executive of the Development Bank of Rwanda

SLBs are not suitable for debt-laden countries, but for other emerging markets they can help fill significant financing gaps and enable them to achieve their sustainable development goals

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