In recent years, climate change and its consequences have emerged as critical issues on the global agenda, generating a strong consensus among countries regarding the urgent need for action. In order to mitigate the impacts of climate change, significant investments are required. And in order for countries to implement these investments, a considerable amount of fund is required. However, many countries don’t have sufficient fiscal space due to high levels of public debt, hindering their ability to implement necessary measures. This pressing need for financing has sparked innovative financing approaches. Various types of bonds, including green bonds and blue bonds, have been introduced to support initiatives aimed at combating climate change. Among these instruments are sustainability-linked bonds, which have only recently been issued by a limited number of countries. On the other hand, according to various estimates, the volume and number of issuances of these bonds is expected to increase significantly in the coming years. In this respect, the purpose of this study is to provide general evaluations about sustainability-linked bonds. Accordingly, the study includes general information about sustainability-linked bonds, the advantages that these bonds provide to governments, some of the difficulties in issuing them, and suggestions for solutions to these difficulties.