Corporate net-zero commitments have become the dominant framework for private-sector climate action, yet the proliferation of targets, methodologies,...
Financing Climate & Sustainable Development / Report
Diagnosing how the sovereign ceiling functions as a simplifying shortcut that can obscure meaningful differences across borrowers, and proposing an alternative credit rating approach based on disaggregating sovereign risk into specific transmission channels.
The TTIP and its ISDS provisions have come under pressure from countries that have embraced free trade agreements and investment protection, most notably Germany. The new political environment in Germany entails a major hazard for the agreement and will likely compel the sacrifice of ISDS to save its substance.
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