Investor Presentaiton
9
ESG
The Government is committed to climate
action policies
The goal is to make economic growth consistent with a pathway towards low greenhouse gas
emissions and a climate-resilient economy, through macroeconomic, fiscal and financing policies.
The Government
joined the Coalition of
Finance Ministers for
Climate Action
The 2020-2024
Government Budget
Law, explicitly
incorporated the
Helsinki Principles
Central Bank
announced a
diversification strategy
of the international
reserves portfolio
towards a green bonds'
investment fund
The Government
launched its Long
Term Strategy on
Climate Change, with
an aspirational goal
of net-zero Co₂ by
2050
Launch of the
"Sustainable Finance
Roundtable": BCU &
MEF agreed on a
commitment to carry
out a Sustainable
Finance agenda
Issuance of
SSLB
September October December
2020
2021
2022
July October November
December April
September October
November December
Creation of
the Ministry
of
Environment
The Central Bank joined
the Network for
Greening the Financial
System
The Ministry of
Industry and Energy
and the Ministry of
Finance launched the
national road-map for
green hydrogen
production
A tax on CO2
emissions from the
use of gasoline was
approved by
Congress
Uruguay takes over
as Chair of the
Development
Committee of the
World Bank and IMF;
as part of the
proposed agenda, the
country will advocate
for cheaper
multilateral loans for
countries that
implement strong
environmental
policies
Publication of the
Sovereign
Sustaniability-Linked
Bond Framework
(SSLB).
With a horizon of 2030,
Uruguay presented its
Second Nationally
Determined Contribution,
estalishing objectives and
measures to mitigate the
impact, and adapt to the
effects of, climate change
in the country.View entire presentation