Chile presents an update to the Sustainability-Linked Bond Framework

During the 5th Meeting of Protected Areas and Portal Communities, the Chilean Ministry of Finance presented the updated Sustainability-Linked Bond Framework, published in late July.

The updated SLB Framework incorporates, for the first time, a key performance indicator (KPI) related to biodiversity protection. This represents an international innovation in sustainable financing, linking the coverage and effective management of protected areas with concrete financial impacts on the country’s borrowing costs. The new KPI is structured in two components: i) land coverage and ii) effective management of protected areas. The goal is for at least 30% of land ecosystems to be under official protection by 2030, and for at least 10% of the territory to simultaneously meet four effective management criteria.

The updated SLB Framework design is based on international standards associated with global biodiversity goals and is aligned with commitments such as the 30×30 Goal (Kumming-Montreal).