Countries’ progress on managing climate change: The first ASCOR assessment results
This report presents the results of the first data release of Assessing Sovereign Climate-related Opportunities and Risks (ASCOR), an investor-led project to develop a free, publicly available, independent tool that assesses countries on their progress in managing the low-carbon transition and the impacts of climate change. It fills a crucial market gap by providing investors with systematic assessments of sovereign climate performance, while giving sovereigns the opportunity to showcase progress. The ASCOR tool is the fruit of an unprecedented collaboration between asset owners, asset managers, investor networks and sovereign bond issuers.
In this first data release, 25 countries have been assessed within the ASCOR tool. They represent nearly 70% of global greenhouse gas emissions and 50-80% of the main sovereign bond market indices.