Andre Almeida Pamponet Moura is a senior Debt Capital Markets and Structured Finance (DCM & SF) professional with dual expertise in Finance and Law. With over 15 years of experience in business development, structuring of innovative financial transactions, leadership in complex projects, and successful client relationship management, Andre has ample exposure to several domestic and international financial markets across Latam and EMEA. Andre is certified in ESG Investing by the CFA Institute and has hands-on expertise in Environmental/Social/Governance (ESG) topics, impact investing and development finance. Andre holds a Bachelor of Law Degree from the University of São Paulo (Brazil) and an MBA Degree from INSEAD (France/Singapore).
The risks involved in sustainability-liked bonds often focus on insufficiently robust and ambitious targets and KPIs, improperly crafted incentives and structural loopholes. All these can be alleviated with better monitoring of issuers.
Sustainability-linked bonds provide issuers with much leeway for the use of proceeds and market participants are getting a better understanding of their risks and rewards, as well as how they can be “gamed”. Green-washing is only one of several risks looming.