This article was originally published on Illuminem Corporate net-zero commitments have become the dominant framework for private sector...
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 calls for the establishment of a trust fund to enable the full participation of developing countries in the WTO negotiations of an Investment Facilitation Framework for Development, outlining the reasons for this proposal.
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