This study examines how biodiversity and ecosystem service loss affect sovereign creditworthiness across 23 countries. Using ecological-economic modelling, it finds that a partial ecosystem collapse could generate US$162 billion in additional annual debt servicing costs globally, highlighting that sovereign credit ratings are systematically underpricing nature-related financial risks.

Metals-as-a-Service (MaaS) proposes a circular business model for the wind energy sector and beyond, in which metal ownership is retained by a Special Purpose Vehicle throughout the asset lifecycle. The model converts metal procurement from capital expenditure into a service-based structure, enabling securitisation, improved supply security, and circular value creation.

Carbon Market Watch presents a 10-point plan for improving the EU Emissions Trading System ahead of its upcoming revision. The report argues against weakening the cap, free allocation phase-out, or the Market Stability Reserve, and calls for expanded coverage of aviation, shipping, and biomass, alongside eliminating fossil fuel subsidies from ETS revenues.

This PDI working paper stress-tests four AI-driven labour displacement scenarios against US macro-financial data, modelling cascading losses across household debt, corporate credit, equities, pensions, insurance, and fiscal channels. Total economy-wide value at risk ranges from approximately $15–18 trillion (Light) to $62–72 trillion (Aggressive). Predistributive mechanisms are proposed as structural solutions.

The State of the Sovereign Transition 2025 assesses 85 countries on climate targets, policies and finance using the ASCOR framework. Most have set net zero targets, but near-term ambition and transparency remain inadequate. Progress is concentrated in low- and middle-income countries, while the US has seen significant policy retreat.

This report examines why Kenya's climate finance gap persists despite strong institutions, renewable energy leadership and financial inclusion gains. It identifies seven flawed assumptions and recommends a nationally co-ordinated country investment platform to mobilise domestic capital, align incentives and deliver a just and resilient climate transition.

This report by the EU Business & Biodiversity Platform presents ten existing finance practices for investing in nature across sectors including forestry, regenerative agriculture, green infrastructure, and urban ecosystems. It explores how financial instruments such as green bonds, blended finance, and sustainability-linked loans can be structured, scaled, and replicated to help close the biodiversity finance gap.

The Development Bank of Southern Africa details two proposed financial instruments to support the domestic voluntary carbon market: a carbon credit-backed bond and a repurchase facility. These tools aim to mobilise private capital, address early-stage funding shortages, and improve liquidity for carbon reduction projects.

The ASCOR Tool is an investor-led framework for assessing how countries manage the low-carbon transition and the impacts of climate change.

This report explores how alternative data and artificial intelligence are redefining credit scoring to enhance financial inclusion for women and underserved borrowers. It analyses market trends, evaluates the risks of algorithmic bias, and provides actionable recommendations to scale responsible, inclusive credit access across emerging markets.

This research maps the key players in Europe's nicotine product industry and their financial backers. It examines ten companies, their supply chains, and specific nicotine-related financing. Findings reveal that major tobacco multinationals receive the vast majority of financing, predominantly from North American and European institutions.

Responsible investment has moved well beyond principles and pledges. Today’s challenges require practical capability and informed judgement. The RIAA Conference is a must-attend event for finance, sustainability and industry practitioners who want to focus on the key themes for responsible investment in 2026 and what implementation really looks like. Designed as an immersive, hands-on experience, the program focuses on the systems that underpin strong financial performance, and will help you understand how climate, nature, technology, governance and regulation intersect. 

These specially curated companion resources have been recommended by the conference speakers and Altiorem team.

World Animal Protection argues Rabobank’s sustainability policies fail to match its financing practices, alleging continued support for companies linked to animal cruelty, deforestation and high emissions. The report urges stricter lending conditions, stronger monitoring and reduced investment in industrial livestock expansion to align with climate and animal welfare goals.

C40 and Rebel outline how cities can structure urban adaptation projects to attract private finance, using ten case studies. Bankability depends on revenue logic, risk allocation, public de-risking, early financier engagement and credible monitoring.

Impact investing grew steadily (14% CAGR) with $490bn AUM, shifting towards equity-like debt and public assets. Investors report strong satisfaction despite missed targets. Allocations remain concentrated in developed markets, while measurement fragmentation, regulatory uncertainty, and macro pressures (inflation, rates, climate) shape strategies.

Provides a five-year strategic roadmap to develop ASEAN sustainable capital markets, outlining four priority areas: strengthening disclosures, expanding sustainable products, building capacity, and enhancing regional connectivity. It aims to mobilise private capital, improve transparency, and align markets with sustainability goals and international frameworks.