11 May 2020

Social bonds in response to the Covid-19 crisis

When financial markets save lives


In this ECMI commentary, René Karsenti argues that social bonds can play a crucial role in the fight against Covid-19 and in the race to contain the resulting economic fallout and build resilience to future shocks. In addition to direct contributions by governments and philanthropists, innovative finance mechanisms such as social bonds could be used to fund Covid-19 vaccines and effective approaches to treatment.

Read this ECMI commentary here.

René Karsenti is Senior Adviser and former President of the International Capital Market Association (ICMA), former Board Chair of the International Finance Facility for Immunisation (IFFIm), Honorary Director General of the European Investment Bank (EIB) and former Chairman of the European Capital Markets Institute (ECMI) Board.