IEEFA – Sustainability-Linked Bonds: Why Europe Can Reignite the Market

The main theme of the document is the market for sustainability-linked bonds (SLB) and Europe's role in its revival.

Key findings include the potential of SLBs despite a decline in issuance, Enel's leadership in the SLB market despite missing some targets, ongoing progress in decarbonization with 2030 as a crucial test, SLB designs showing progress but with gaps in transition plans, the need for careful analysis of each deal due to differences in ambitions of Italian corporations, SLB design not being one-size-fits-all, Slovenia standing out in the sovereign SLB segment, and major European issuers offering potential for SLB portfolios.