Ninety One has launched the Net Zero Sovereign Index, providing sovereign-debt investors with an independent assessment of Paris alignment.

The Net Zero Sovereign Index, covers 115 countries across emerging and developed markets and aims to support sovereign-bond investors’ engagements with governments and builds on the Climate & Nature Sovereign Index launched in 2020.

Peter Eerdmans, Head of Fixed Income, Ninety One: ‘With the UN declaring its latest climate report a “code red for humanity”, there can no longer be any doubt that we must act quickly to address climate change. The first step in tackling this problem is for investors to get better at assessing whether an investment or portfolio is aligned with a credible net-zero pathway that works for all of the world’s 7.9 billion people. As a firm that has strong roots in an emerging market, we understand this more than most’.