Not surprisingly, much of the recent discussion in the G20 on how to improve the functioning of the system has centered on these issues. 1  4  For a detailed review of these issues, see Padoa Schioppa (2010). BIS Review 55/2010  3.2  Towards an SDR-based international monetary system?
At Danmarks Nationalbank, we are pleased to participate in the establishment of a Green Bond Framework for Denmark and – from January – to be able to issue green bonds on behalf of the Danish state. Given Denmark’s green ambitions, it is quite natural to introduce a green government bond to support the net-zero transition. It has been a long journey.