This blog was originally published on Illuminem, and has been co-authored with Rhian-Mari Thomas. She is the CEO...
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 rapid increase of third-party funding (TPF) in investor-state dispute-settlement (ISDS) raises concerns about effects TPF may have on the stability, fairness and legitimacy of the investment treaty regime. States and other stakeholders should critically assess the risks posed by TPF in its current form, and regulate, if not ban, TPF in investment disputes.
A translation in Mandarin is also available via the “Download Resources” button.
