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  1. Themes
  2. Fiscal Space

Fiscal Space

Fiscal authorities in Brazil must prepare for more frequent and severe climate-related shocks, as well as for large financing needs. Reform topics in this theme are intended make the sovereign balance sheet more resilient and robust to achieve climate goals.

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Related Resources

Publications and educational material to deepen understanding of Fiscal Space and related topics.

Brazilian National Treasury: Press Release on the Sovereign Sustainable Finance Committee

Sovereign Debt Architecture

Press release announcing the creation of the Sovereign Sustainable Finance Committee to coordinate Brazil’s green bond agenda.

Brazil Sovereign Sustainable Bond: Financing a greener, more inclusive, and equitable economy

Sovereign Debt Architecture

Feature article highlighting Brazil’s Sovereign Sustainable Bond, emphasizing its role in financing a greener and more inclusive economy.

Brazil Sovereign Sustainable Bonds framework

Sovereign Debt Architecture

Framework outlining guidelines for Brazil’s Sovereign Sustainable Bonds, including eligible expenditures and reporting commitments.

Experiência em contas Econômicas Ambientais

Sovereign Debt Architecture

Case studies on the use of environmental-economic accounts to integrate ecosystem services into public policy and decision-making.

G20 Presidency Note on Climate Resilience

Climate-resilient Debt Clauses and Pre-emptive Reprofiling

Note prepared under Brazil’s G20 Presidency outlining principles for building climate-resilient financial architecture.