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 author argues that the proposed EFCA, if enacted, would decrease the attractiveness of the United States for FDI in the auto industry. This Perspective was also printed in the Shanghai Daily.
A translation in Mandarin is also available via the “Download Resources” button.
